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

Yara Makes NPK Plant Closure Permanent

8:51 AM MDT | May 29, 2009

Yara International says it will make permanent the closure of an NPK fertilizer plant at Peremarton, Hungary with the loss of 110 jobs. Yara halted production temporarily at the facility in October 2008. The Peremarton plant, which has a production capacity of 150,000 m.t./year, lacks access to competitively priced raw materials and is not flexible enough to accommodate new market requirements for nitrogen, phosphate, and potash combinations, Yara says. The company says it will fulfil customer contracts from built-up stock and alternative product sourcing. Yara...

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