Agrium Inc. announced Tuesday that its board of directors had given final approval for a projected $720 million dollar expansion for the Borger, Texas nitrogen facility. The expansion will add over 670,000 tons of new urea production annually. Over 110,000 tons of Diesel Emission Fuel (DEF) grade urea. The DEF product us used to reduce nitrogen oxide emission in diesel vehicles.
Construction on the project will be in full swing next month, but the facility is not expected to slow production during construction. Agrium is one of the largest and lowst-cost producers of nitrogen in the world. The upgrade and expansion at the Borger facility will continue to grow Agrium’s nitrogen footprint in the important agricultural region while providing a strong return on investment. The project will insure the facility’s future longevity.
The expansion will cut down the amount of urea that is imported in to United States. The construction will bring approximately 1,000 jobs during the construction period and 30 additional full time jobs when the facility goes on line in Mid 2015. The job count for full time contractors at the plant will increase, not to mention the jobs created in truck and rail transportation when the project is completed.
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