Issue Date: July 15, 2013
Russian Firm Plans U.S. Fertilizer Plant
EuroChem, a Russian firm that calls itself one of the world’s largest fertilizer manufacturers, plans to build a $1.5 billion ammonia and urea plant in Louisiana. The company says it is evaluating two sites for the project, which will receive an incentive package and tax breaks from the state. A quarter of EuroChem’s sales already come from the Americas. Dyno Nobel and Mosaic have also announced plans for nitrogen fertilizer facilities in Louisiana.
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