Yara North America Opens Terminal
Yara North America Inc opened its new NOLA Gateway Terminal in Convent, St. James Parish, La., located approximately 60 miles up the Mississippi River from New Orleans in the United States, according to a company statement.
With its opening, the fully operational terminal will provide increased access to imported urea to agricultural markets both locally and throughout the Midwest and Eastern US via rail, according to the company.
“The establishment of a terminal in New Orleans, the primary import gateway of North America, is an important milestone in our distribution strategy and reaffirms our dedication to our customers to serve as a reliable partner,” said Bartolomeo Pescio, President of Yara North America in a statement.
Yara began construction on the 55,000 mt, state-of-the-art NOLA import fertilizer terminal and warehouse in 2008, which will be capable of accommodating bulk carrier vessels up to the Panamax size. The NOLA terminal will provide eleven permanent jobs and a number of service related functions which benefits the St. James Parish. The total investment volume is approximately US$30 million.
“North America is becoming more and more dependent on imported urea to satisfy a growing demand and a modern and efficient infrastructure is needed to support this,” Mr. Pescio said.