Yara enticed by new blue ammonia capacity in the US as European plants face uncertain future
Yara plans to invest up to $2 billion in a second state-of-the-art blue ammonia plant as the Scandinavian group continues its push into low-carbon production capacity in the US and mulls permanent shutdowns of some European ammonia plants. Having recently set aside up to $1.45 billion for the full offtake of a 1.2-1.4m.t per…