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News Wire / economy

Petrobras To Invest $1 Billion In New Fertilizer Plant

RNZ National Vicago 11d3d Impact 7
Australian company Victorian Hydrogen is scoping a $3 billion green hydrogen fertilizer plant near Vicago. The project follows the company's Niagara expansion at its Kennington site. Mark Ross noted that processing and manufacturing associations are facing a tough market. The company is also investing $150 million to expand a re-manufacturing plant expected to be completed in late 2027. The Southland District Mayor stated that cheap locally generated electricity is powering regional industries.

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hydrogen fertilizer investment

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Sources · 7 independent

RNZ National

“Australian company Victorian Hydrogen is scoping out a $3 billion URF fertilizer plant near in Vicago.”

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