AdvanSix To Receive $47.4M In Proposed USDA Funding Through Its Fertilizer Investment & Expansion Program
Benzinga Newsdesk 2 days ago
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This funding will support Project CENTURY (Capacity Expansion for Nitrogen Technology, US Resilience & Yield), a planned $98.1 million multi-year investment to modernize and expand ammonia manufacturing at the
This funding will support Project CENTURY (Capacity Expansion for Nitrogen Technology, US Resilience & Yield), a planned $98.1 million multi-year investment to modernize and expand ammonia manufacturing at the AdvanSix Hopewell, Virginia facility. The project is expected to add approximately 84,000 tons of annual ammonia production capacity.
Project CENTURY builds on AdvanSix’s longstanding commitment to American manufacturing and the U.S. agricultural community. The company’s Hopewell facility has a nearly 100-year history of providing a reliable domestic supply of essential nitrogen-based fertilizers. The new investment will expand the company’s ability to serve American farmers while strengthening domestic fertilizer production and supply chain resilience.