Yara International plans to double the production of its nitrogen fertilizer plant at Belle Plaine, Sask.
The Norwegian company announced today that its board has approved the fast track development of the expansion, which will add 1.3 million tons of urea annual production capacity to the plant.
“Taking advantage of the excellent location of our existing Belle Plaine facility in Canada, we will increase our presence and scale in the North American market by more than doubling our capacity at the site,” said president Jørgen Ole Haslestad.
Read Also
Farm gate milk price to rise in 2026
The Canadian Dairy Commission will raise its farm gate milk price by 2.3255 per cent in February, the Crown corporation announced on Friday.
The Belle Plaine expansion will comprise an integrated world scale ammonia and urea line.
Part of the urea produced will be with sulfur, which will meet the increasing demand from the canola crop segment in Western Canada.
Yara expects to complete the expansion in the second half of 2016.
The final decision to implement the project is subject to environmental approvals and agreements with Saskatchewan authorities related to utilities and other key terms of the project.
Yara bought the fertilizer plant, located midway between Regina and Moose Jaw, from Mosaic and the Saskatchewan government in 2008 in a deal worth $1.6 billion.
