Yara cuts ammonia production due to higher gas prices in Europe
By: ICN Bureau
Last updated : September 21, 2021 7:14 am
Company has curtailed around 40% of its European ammonia production capacity due to high gas costs
Yara International last week stated that record high natural gas prices in Europe are impacting ammonia production margins, and as a result the company is curtailing production at a number of its plants. Including optimization of on-going maintenance, Yara will by this week have curtailed around 40% of its European ammonia production capacity.
The company will continue to monitor the situation, with the objective to keep supplying customers but curtailing production where necessary.