Issue Date: May 20, 2013
Firms Plan Big U.S. Fertilizer Plants
Two companies are each planning massive investments to build new nitrogen fertilizer capacity. Koch Nitrogen plans to invest $1 billion to build a urea plant and improve its Enid, Okla., facility. The projects will add 1 million tons of urea capacity and are expected to be completed in 2016. Separately, Northern Plains Nitrogen, a new firm founded by corn growers, is planning to build a $1.5 billion nitrogen fertilizer plant in . . .
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