Industry veterans Jerry and Joe Newcomb, have joined forces to form a new fertilizer company, NeuAg LLC, which they report has entered into a long-term contract with BASF to exclusively market and distribute BASF’s ammonium sulfate production at their Freeport, Texas, facility.
More details about the deal were not immediately available, including start date, quantity, etc., however, more information is expected to be released in coming weeks.
American Plant Food Corp., Galena Park, Texas, has been the long-time marketer of the BASF ammonium sulfate. BASF AS capacity has been put at 710,000 st/y.
The Newcomb’s have been partners in Truth Industries, The Woodlands, Texas. In 2017, The Plaza Group, an international petrochemical marketing firm, acquired Truth Chemical, which featured a portfolio of chemicals, fertilizers, and specialty products. NeuAG is a separate entity from Truth and Plaza.