Excesso de oferta de nitrogênio interrompe expansão de $2 bilhões da Yara na América do Norte
17 de junho de 2013 
Yara International postponed its North American expansion into Belle Plaine, Canada. Although the company previously deemed the location optimal for future nitrogen production, it said construction cost and nitrogen inflation have halted the project.
“We are not ready to initiate a Belle Plaine expansion today, primarily due to recent increases in construction cost both in Canada and North America generally. There is also a significant risk of future nitrogen over-supply in North America as new project initiatives are announced, despite deteriorating project profitability,” said Joergen Ole Haslestad, chief executive officer of the Norwegian company.
“Yara’s growth options remain significant, including a number of opportunities for profitable investments in value-added product capacity, downstream facilities and plant de-bottlenecking projects. We also expect to find profitable commodity nitrogen growth opportunities going forward, and a future Belle Plaine expansion remains an option for Yara when the construction cost situation improves,” said Haslestad.
The Belle Plaine facility has a current production capacity of 0.7 million tons ammonia and 1.2 million tons urea and urea ammonium nitrate per year. The planned expansion project comprises an integrated world scale ammonia and urea line with a urea capacity of approximately 1.3 million tons per year.
Yara, which made $14.7 billion in revenue in 2012, has operations in more than 50 countries.
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