Yara has announced that it is curtailing ammonia production at a number of its plants, as a result of record-high natural gas prices in Europe affecting ammonia production margins.
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Including optimisation of on-going maintenance, Yara will by next week have curtailed around 40% of its European ammonia production capacity.
Yara has said that it will continue to monitor the situation, with the objective to keep supplying customers but curtailing production where necessary.