Yara Belle Plaine

Yara Belle Plaine Inc is a nitrate-based fertilizer manufacture based in Regina, Saskatchewan, Canada, and part of the Yara International group of companies.

Yara Belle Plaine Inc
TypePublic–private partnership
Industryfertilizer
HeadquartersRegina, Saskatchewan, Canada
Productsfertilizer

Originally the company was established in 1984 as SaskFerco Products Inc., a joint venture between Cargil (50%), the Government of Saskatchewan (49%), Citibank Canada (1%), to construct a plant near Belle Plaine, Saskatchewan at a cost of $435 million for the production of granular urea and anhydrous ammonia.[1] SaskFerco became one of the largest North America manufacturers of granular urea (2,850 tonnes per day capacity) and anhydrous ammonia (1,860 tonnes per day) and urea ammonium nitrate (670 tonnes per day).[1] The plant also became the largest consumer of natural gas in the province.[1]

In 2008 the company was sold by the province and its partner at that time, The Mosaic Company, to Yara International for $1.6 billion; the name of the company was changed to Yara Belle Plaine Inc, and it continued to be headquartered in Regina.[2]

References
  1. "SASKFERCO PRODUCTS INC". Encyclopedia of Saskatchewan. University of Regina. Retrieved 2011-03-20.
  2. "SALE OF SASKFERCO IS FINALIZED". Press Release. Investment Saskatchewan. Retrieved 2011-03-20.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.