Augusta Sulfate Co. LLC has entered into an agreement to acquire Fibrant LLC’s idled ammonium sulfate operations. The plant located in Augusta, Ga., is expected to restart May 1, 2017.
“Augusta Sulfate Co. is excited about this venture and is fully committed to reenter the market and support our dedicated ammonium sulfate customers,” said David Delaney, Augusta Sulfate chairman. “We intend to implement an investment strategy to diversify our ammonium sulfate product offering. We are equally excited about restoring approximately 100 jobs to the Augusta area.” Delaney was formerly an executive with Potash Corp. of Saskatchewan Inc. and currently is a senior advisor to Paine Schwartz Partners, formerly Paine and Partners.
“This acquisition represents a major step in re-establishing our long term historical ammonium sulfate presence here in North America,” said Ron Waller, Augusta Sulfate vice president, marketing and sales. “I cannot emphasize strongly enough the commitment of the new ownership in partnering with our customers, who have expressed their desire for a local supplier capable of delivering premium quality and service.”