Dateline City:
HOUSTON
Abundant domestic shale gas feedstocks revitalizing US ammonia and nitrogen fertilizer industries, driving new investments
According to a new IHS (NYSE: IHS) special market study, growing incomes and improving diets in developing countries such as Brazil, India and China, combined with significant biofuels production in the U.S. and Brazil, are driving global demand growth for ammonia, a key component in fertilizer and agricultural products essential to expanding food crop production. However, ammonia demand growth in the next few years could be threatened by decreasing corn-based biofuels production in the U.S.
Language:
English
