China is planning another new fertilizer plant in central Mongolia by Yunnan Yuntianhua company of China. The fertilizer facility is expected to produce 500 ktpa ammonia and 800 ktpa urea capacity with total investment cost of $480 million. The project will utilize rich coal reserves as feedstock for the plant.
The company will be a join venture between Hong Kong's Jinxin Group and Yuntianhua 51% stake. The fertilizer complex capacity will eventually be increased into 2 mil tonnes per year of ammonia and 3.2 mil tonnes of urea.
The company will be a join venture between Hong Kong's Jinxin Group and Yuntianhua 51% stake. The fertilizer complex capacity will eventually be increased into 2 mil tonnes per year of ammonia and 3.2 mil tonnes of urea.
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