Indorama fertilizer acquisition has taken a major step forward after Singapore-based Indorama Corporation’s indirect subsidiary, Indorama Investment, signed definitive agreements to acquire key fertilizer assets in China. The deal, finalised on 25 December 2025, strengthens Indorama’s footprint in the global fertilizer market.
Indorama Investment agreed to buy 100 % ownership of Anyang Zhongying Fertilizer Co. and Anyang Yingde Gases Company from the Asia-focused private equity firm PAG. The combined businesses operate as Anyang Nitrogen Fertilizer, a major urea and nitrogen fertilizer producer located in Henan Province, China — one of the country’s core agricultural regions.
Anyang Nitrogen Fertilizer focuses on the production of urea, ammonia, automotive urea, and industrial gases. The acquisition aligns with Indorama’s strategy to expand its portfolio of fertilizer businesses and secure assets that support food security and farming demand in the world’s largest fertilizer market.
Amit Lohia, Vice Chairman of Indorama Corporation, said the deal is an important milestone. Indorama fertilizer acquisition will help the company grow its product offerings and better serve farmers with reliable and efficient solutions.
