Yara Acquires Gulf Coast Ammonia Plant

Yara International ASA, through its U.S. subsidiary Yara North America, has agreed to acquire Gulf Coast Ammonia’s (GCA) ammonia production facility in Texas City, Texas for USD 1.3 billion. The plant, expected to reach 1.3 mtpa nameplate capacity, is currently in commissioning and is expected to ramp toward stable production by end of 2026. The acquisition supports Yara’s strategy to diversify its energy exposure and strengthen competitiveness of its global ammonia footprint, with Air Products supplying industrial gases under a long-term supply agreement.