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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Yara Closes NPK Plant in Lithuania

9:45 AM MST | December 8, 2008 | Chemical Week Editorial Staff

Yara says it will permanently close a 250,000-m.t./year NPK fertilizer plant at Kedainiai, Lithuania with the loss of 128 jobs. “It is an old, sub-scale, landlocked plant that joined Yara with the acquisition of Kemira GrowHow last year,” Yara says. “It has no competitive advantage and lacks access to competitively priced raw materials.” Yara will also temporarily shutter a 300,000-m.t./year NPK unit at Ravenna, Italy by mid-December, due to weak markets. Separately, an explosion at Yara’s Porsgrunn, Norway NPK plant on December 3...

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