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AdvanSix Announces $47.4 Million in Proposed USDA Funding

The U.S. Department of Agriculture announced the project selections Oct. 22 through a program aimed at expanding the domestic fertilizer supply.

Pale fertilizer granules move along a steel conveyor belt / TokenPost.ai
Pale fertilizer granules move along a steel conveyor belt / TokenPost.ai

AdvanSix said Thursday, Oct. 29, that the U.S. Department of Agriculture (USDA) had selected it for a proposed $47.4 million award under a program to expand domestic fertilizer supply.

USDA announced the project selections Oct. 22. The funding is part of its Fertilizer Investment & Expansion for Long-Term Domestic Supply program.

USDA also selected Intrepid Potash for about $139 million in proposed funding for a $265 million project to build a sulfate of potash manufacturing facility near Carlsbad, New Mexico. Read more about Intrepid Potash’s proposed USDA funding.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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