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Iowa fertilizer company invest $1.8 billion to build state-of-the-art production facility
November 19, 2012 - Orascom Corporation has begun construction on its new fertilizer plant in Wever, IA and is expected to open one of the country’s largest fertilizer plants in 2015.
The Lee County plant will be the first, world-scale natural gas-based fertilizer plant built in the U.S. in nearly 25 years and will supply ammonia and other nitrogen fertilizers farmers need. It is expected to produce 1.5-2 million metric tons of ammonia, urea and urea ammonium nitrate every year. At full operation the plant is expected to employ 165-200 permanent workers.
American farmers will benefit from this new plant by saving millions of dollars annually. Iowa Fertilizer will provide farmers across the Midwest with a reliable nitrogen source right here at home, keeping their costs down.