Yara acquires Sacramento terminal in US from Agrium for $27 mn

 
The West Sacramento terminal will provide Yara with greater market access to Northern California and its intensive agricultural market. The newly-acquired site will be used as an import terminal for finished products and complements Yara’s terminals in San Diego, Stockton and Port Hueneme. The logistical advantages of this strategically important asset will improve Yara's customer service, reduce truck transit times, conserve fuel and enhance overall logistical efficiencies.
 
“We believe that our broad portfolio of value-adding crop nutrients and commodities are well-suited to meet the needs and challenges faced by California's agricultural communities. Yara is committed to helping North American farmers improve crop yields, crop quality and crop profitability,” said Rostrup.

 
The newly acquired terminal will increase the company's storage capacity, allowing for a continuous, predictable, year-round product supply and limiting the chances of product shortages. Greater storage capacity will also improve product flow at Yara's other California-based locations, especially during the busy peak seasons. A reliable, consistent and long-term supply of fertilisers is important for Yara's retail customers.