Yara Cuts Ammonia Production on Rising Natural-Gas Prices -- Commodity Comment
17 Settembre 2021 - 3:21PM
Dow Jones News
Yara International ASA said Friday that it had curtailed ammonia
production due to increased natural-gas prices. Here's what the
Norway-based chemical company said:
On ammonia margins:
"Record high natural gas prices in Europe are impacting ammonia
production margins, and as a result Yara is curtailing production
at a number of its plants."
On production:
"Including optimization of ongoing maintenance, Yara will by
next week have curtailed around 40% of its European ammonia
production capacity. Yara will continue to monitor the situation,
with the objective to keep supplying customers but curtailing
production where necessary."
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
September 17, 2021 09:06 ET (13:06 GMT)
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