Orascom to Build Large Fertilizer Complex in Iowa

Orascom’s Iowa Fertilizer (IFCo) subsidiary says it will build a world-scale fertilizer complex in Wever, IA, near the Mississippi River. The complex will have the capacity to produce 1.5 million–2 million m.t./year of ammonia urea, urea ammonium nitrate (UAN), and diesel exhaust fluid (DEF). The complex, an investment of about $1.4 billion, is expected to be completed by mid-2015. The plant will be the first world-scale natural gas fertilizer plant built in U.S. in nearly 25 years, Orascom says. The company will receive $100 million in tax breaks...

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