BASF, Yara break ground on Freeport ammonia plant

摘要

Yara International (Oslo) and BASF broke ground today on a previously announced world-scale ammonia plant at BASF's Freeport, TX site. As part of the project, Yara will build an ammonia tank at the BASF terminal and BASF will upgrade its current terminal and pipeline assets for the export of ammonia from the new plant. Total capital expenditure for the project is estimated at $600 million. The plant will be owned 68% by Yara and 32% by BASF, and will have a capacity of about 750,000 m.t./year of ammonia.