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Business

Russian Firm Plans U.S. Fertilizer Plant

by Michael McCoy
July 15, 2013 | A version of this story appeared in Volume 91, Issue 28

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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