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Monday, 24 April 2017

OCI inaugurates nitrogen fertiliser plant in US

NETHERLANDS: OCI NV (OCI) said that it has opened its wholly-owned subsidiary Iowa Fertiliser Company (IFCo) in Wever in south-east Iowa. Also, the plant officially started production of nitrogen fertiliser products.
The Governor of Iowa Terry Branstad, Lt Governor Kim Reynolds, the Lee County Board of Supervisors and others joined OCI in an event to inaugurate one of the largest private sector construction projects in Iowa’s history and the first world-scale, greenfield nitrogen fertiliser facility built in US in more than 25 years.
IFCo has commenced production and sales. The plant will produce approximately 1.5 to 2 million metric tonnes of nitrogen fertiliser products annually and can alternate between products at short notice, depending on market demand.
At the peak of construction, IFCo employed more than 3,500 workers and currently employs more than 200 full-time positions to operate the plant. Additionally, many more indirect positions will be created.
“The start of production at Iowa Fertiliser Company is a transformative moment for the agricultural industry in US. As one of the most innovative and efficient manufacturing plants in the nation, Iowa Fertiliser is leading the way in providing American farmers with a stable, high-quality and domestic source of nitrogen fertiliser products,” said Nassef Sawiris, CEO of OCI NV.
“In Iowa, we have created a roadmap that attracts new businesses and supports key industries that drive long-term economic growth. At the outset of the Iowa Fertiliser project, the unemployment rate in Lee County was the highest in the state at 8.0 percent. That is why my administration fought so hard to encourage the company to locate its new fertiliser plant in this great community. Today, the county’s unemployment rate is down nearly three points to 5.3 percent, providing a positive and meaningful impact on working families in the area,” added Governor Terry Branstad.
© Worldofchemicals News 
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