Indorama Investment (Suzhou) Co., Ltd., an indirect subsidiary of Indorama Corporation Pte Ltd., Singapore is pleased to announce the successful completion of the acquisition of Anyang Zhongying Fertilizer Co., Ltd., and Anyang Yingde Gases Co., Ltd. (collectively “Anyang Nitrogen Fertilizer”).
Anyang Fertilizer is a major fertilizer producer located 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. We are extremely excited about expanding our fertilizer business in China, leveraging its exceptional strengths in engineering, process know-how, and innovation. Anyang Fertilizer plays a central role in that vision as a platform for long-term growth and technical excellence.”