AdvanSix Secures $12M Grant From U.S. Department Of Agriculture Through FPEP Supporting Expansion Of American Fertilizer Production
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AdvanSix has received a $12 million grant from the U.S. Department of Agriculture to support its SUSTAIN initiative, aimed at expanding ammonium sulfate fertilizer production in Hopewell, VA.
September 16, 2024 | 10:32 am
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AdvanSix has been awarded a $12 million grant from the USDA to enhance its ammonium sulfate fertilizer production under the SUSTAIN initiative in Hopewell, VA.
The $12M grant from the USDA is a significant financial boost for AdvanSix, supporting its SUSTAIN initiative. This will likely enhance production capacity and potentially increase revenues, positively impacting ASIX's stock price.
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