Yara North America Inc., the world's largest Diesel Exhaust Fluid (DEF) producer, announced the opening of a new storage terminal in Bayonne, N.J. The storage facility will provide fleets and retail outlets throughout the East Coast with increased access to Air1 DEF, a fluid which diesel-powered vehicles equipped with selective catalytic reduction (SCR) engines rely upon to lower Nitrogen Oxide (NOx) emissions and meet the EPA's 2010 heavy-duty engine and vehicle emissions standards.
The fully operational storage facility will double Yara's capacity in the Northeast, one of the nation's busiest and most crowded trucking corridors. In 2011, Class 4-8 vehicles consumed 70m gallons of DEF in North America. Integer Research, the leading DEF market analyst, forecasts consumption in this segment will increase to 465m gal by 2015, a five-fold increase.
"The opening of our Bayonne terminal is yet another important milestone in the continued expansion of our global supply chain network and demonstrates Yara's ability to answer the rapid growth of the U.S. DEF market," said Chad Dombroski, Director of Air1 for Yara. "Fleets depend upon the reliable delivery of quality DEF. As the world's largest DEF producer, this terminal opening reflects our ongoing commitment to ensuring Air1 DEF is available when and where our customers need it."
The Bayonne terminal is Yara's latest investment to expand its global production and distribution capabilities. Last year, Yara announced additional production capabilities at its facility in Sluiskil, Netherlands, the world's largest DEF production facility, and opened an additional storage terminal in Houston. Yara currently operates a coast to coast network of terminals throughout North America in order to supply what many predict will become the largest DEF market in the world in the coming years.
Agreement to strengthen Yara's uninterrupted global supply chain model for a growing DEF market with Rentech Nitrogen's expanded product offerings.
Houston storage facility to further Yara's global supply of Air1 diesel exhaust fluid throughout Texas and bordering states.