Fertilizer Manufacturers Cut Production

Yara says it has temporarily stopped production of ammonia and urea at the company’s Ferrara, Italy site. The facility has capacity for 600,000 m.t./year of ammonia and 500,000 m.t./year of urea. “The decision is related to the situation in international urea markets, where lower activity and price levels have impacted profitability,” Yara says. The Ferrara plant will be kept on standby for start up when conditions improve, the company says. Nevertheless, Yara posted big increases in third-quarter profits and sales due to rising fertilizer...

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