Polish Grupa Azoty, a large fertilizer producer, has stopped the production of some key fertilizers, including nitrogen fertilizers and caprolactam, because of soaring energy costs, becoming the latest casualty of the European gas crunch. Bloomberg reported that the company would also curb ammonia production because energy costs have compromised the profitability of the business. Natural gas is a crucial feedstock for synthetic fertilizer production, and soaring prices have had a severe impact on the industry, with several fertilizer producers…
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