Indorama acquires Anyang Nitrogen Fertilizer assets in China

Anyang Nitrogen Fertilizer is a major fertilizer producer in Henan Province, China. Its primary product is Urea, with by-products of ammonia, automotive urea, and industrial gases. Commenting on the acquisition, Mr. Amit Lohia, Vice Chairman of Indorama Corporation said: “This acquisition is an important milestone for Indorama, supporting our fertilizer activities in China—the world’s largest fertilizer market and a cornerstone of global agricultural demand. Anyang’s strong operating base in Henan complements our strategy of investing in high-quality assets that support food security. We see significant long-term growth opportunities in China and look forward to expanding our product offerings to better serve farmers with reliable, efficient, and sustainable solutions.”

Mr. David Wong, Partner and Co-Head of Private Equity of PAG said: “We are pleased to have supported the development of Anyang Nitrogen Fertilizer during our ownership. Our operational experience and industrial value creation approach facilitated the growth of Anyang Nitrogen to become a major fertilizer producer in China. With its strong operational foundation, Anyang Nitrogen is even better positioned for growth in the future as a part of Indorama and a world leader in the global fertilizer market.”

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ALCHEMPro News Desk (RM)