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Factbox: Fertilizer makers cut production due to rising gas prices

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News Tech: Aug 25 (Reuters) – Norway’s Yara (YAR.OL), one of the world’s largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following other manufacturers.

BASF (BASFn.DE)

Below are some of the fertiliser producers that have cut their output:

The world’s largest chemical company said in July it was cutting ammonia production further.

Grupa Azoty (ATTP.WA)

Poland’s biggest chemicals firm said on Monday it was halting production of nitrogen fertilisers and cutting ammonium output to about 10% capacity at its Pulawy subsidiary. It reduced fertiliser production at its Kedzierzyn subsidiary to 43% of capacity as of Wednesday.

PKN Orlen (ATTP.WA) The Polish refiner’s Anwil subsidiary said on Monday it had temporarily halted production of nitrogen fertilisers.

It said it will perform maintenance and other work during the standstill and plans to resume production once the gas market stabilises. Yara (YAR.OL)

RegisterCompiled by Anna Pruchnicka, Louise Breusch Rasmussen; editing by Barbara Lewis Source: Reuters Trust Principles.

Yara’s European ammonia capacity use will be about 35% following the change. With its latest cut the company will have lowered its capacity by the annual equivalent of 3.1 million tonnes of ammonia and 4.0 million tonnes of finished products, it said.

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