Tag Archives: Yara International

World’s First Modular Ammonium Nitrate Plant Opens in Western Australia

Yara International

An $800 million chemical plant to produce technical ammonium nitrate, used as explosives in iron ore mining, has officially commissioned on the Burrup Peninsula, north of Karratha, Australia. This is in the resource rich Pilbara region and is a joint venture between Norwegian company Yara International and Australia’s Orica Limited. With a production capacity of 330,000 tonnes of ammonium nitrate per annum, the plant will be fully operational by the end of 2016. The plant is fully integrated with the neighbouring Yara Pilbara Fertilisers ammonia plant, which exports 800,000 tonnes of ammonia per annum to world markets. The joint venture will first use natural gas from Western Australia to create a highly valued ammonia and further process it to deliver ammonium nitrate.  This will reflect the long-term value that Yara sees in their business in Australia.

Read more here: http://www.researz.com/worlds-first-modular-ammonium-nitrate-plant-opens-western-australia

Yara to Increase Presence in India by Acquiring Tata Chemical’s Urea Plant for $400 Million

Yara International

To expand its presence in India, the world’s second largest fertilizer market, Yara International ASA of Oslo has agreed to buy Tata Chemical’s Babrala urea plant and distribution business in Uttar Pradesh, India. The deal has been struck for US$400 million. The Indian plant has an annual production capacity of 0.7 million tonnes of ammonia and 1.2 million tonnes of urea. It had a sales value worth of US$350 million and EBITDA of US$35 million for the financial year ending March 31, 2016. The plant had commissioned in 1994.

Read more here: http://www.researz.com/yara-increase-presence-india-acquiring-tata-chemicals-urea-plant-400-million