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Thailand’s Indorama Group has arranged financing for a $1.2 billion fertilizer project in Port Harcourt, Nigeria. Using locally sourced natural gas, the project will make 2,300 metric tons of ammonia and 4,000 metric tons of urea per day at a 400-acre complex where Indorama now produces polyolefins and polyethylene terephthalate. Set to open in 2015, the fertilizer complex will supply local farmers and export to the Americas, Indorama says.
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