Yara Expands Storage Capacity with Diesel Exhaust Fluid (DEF) Terminal Opening in Chesapeake, Va.
Yara’s Global Supply of Air1® DEF furthered throughout the Mid-Atlantic Region with Virginia Storage Facility
TAMPA, Fla., May 13, 2013 /PRNewswire/ — Yara North America Inc., the world’s largest Diesel Exhaust Fluid (DEF) producer, today announced the opening of a new storage terminal in Chesapeake, Va. The fully operational storage facility will provide fleets and retail outlets throughout the Mid-Atlantic region increased access to Air1(®) DEF, an operating fluid used by diesel-powered vehicles equipped with selective catalytic reduction (SCR) technology to meet EPA 2010 emissions regulations.
The new facility is the company’s latest investment to expand its global production and distribution capabilities in order to meet continued market demand. DEF consumption in North America by Class 4 – 8 vehicles is expected to reach 204 million gallons by the end of the year. Integer Research, the leading DEF market analyst, predicts this will double to 402 million gallons by 2015.
“Yara continues to make large, scalable investments in our global supply chain network to answer the growth of the U.S. market,” said Chad Dombroski, Director of Air1 for Yara. “This terminal opening reflects Yara’s ongoing commitment that our customers will have Air1 DEF where and when they need it.”
The Chesapeake terminal will join the coast-to-coast network of storage terminals Yara operates throughout North America in order to supply what many predict will become the largest DEF market in the world in the coming years. By 2019, Integer Research estimates DEF consumption in North America will reach 1.2 billion tons per year.
About Yara International
Yara delivers solutions for sustainable agriculture and the environment. Our fertilizers and crop nutrition programs help produce the food required for the growing world population. Our industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations. Founded in Norway in 1905, Yara has a worldwide presence with sales to 150 countries. Safety is always our top priority.
Yara North America, Inc. Press Contact:
Office: (312) 596-3431
SOURCE Yara North America Inc.