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Orascom to Build Large Fertilizer Complex in Iowa
3:55 PM MDT | September 5, 2012 | Vincent Valk
Orascom’s Iowa Fertilizer Company (IFCo) subsidiary has chosen to build a new world-scale fertilizer complex in Weaver, IA, near the Mississippi River, the company says. The new plant will have a capacity of 1.5-2 million m.t./year of ammonia, urea, urea ammonium nitrate (UAN) and diesel exhaust fluid (DEF). It is expected to be completed by mid 2015, and will entail an investment of $1.4 billion. The plant will be the first world-scale natural gas fertilizer plant built in the U.S. in almost 25 years, Orascom says. The company will receive $100...
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