How much does it cost to set up a fertilizer plant?

Setting up a fertilizer plant requires an initial investment and a number of ongoing costs. The cost of the plant will depend on its size and the type of fertilizer it produces. In order to produce ammonia, for example, a company would need to invest in a gasifier and an ammonia synthesis reactor.
The cost of machinery and construction can easily exceed $100 million. However, there are many ways to reduce these costs. For example, by using an existing factory building, the cost of…