Oslo-listed fertiliser and shipping company Yara is investing $275m in a Brazilian plant.
It said the cash will go towards expanding and modernising its Rio Grande facility.
The work is set for completion in 2020, creating "one of the biggest and most modern fertiliser sites in the Americas," the LPG carrier owner added.
The expansion project will double the site's current 800,000 tonnes per year production and blending capacity.
