Cronus Fertilizer, Tuscola, Ill., which is planning a new 2,300 mt/d ammonia project for Illinois, announced Jan. 13 that Titan Chemicals Holding, an entity controlled by Keyman Avunduk Investment Co. AG (KAIC) has become the majority shareholder of the project. Melih Keyman is founder of KAIC, and is also the founder, President and CEO of long-time industry player Keytrade AG.
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