FertiNitro (Fertilizantes Nitrogenados de Oriente) is Venezuela's largest fertilizer company, producing around 1.5m tons of urea per year. It was nationalised in October 2010, having previously been owned by Pequiven [es] (35%) and Koch Industries (35%).[citation needed] The nationalization meant a substantial windfall for holders of FertiNitro corporate bonds, with the government offering 105 cents on the dollar.[1]

FertiNitro is one of the world's main producers of nitrogen fertilizer, with daily production capacity of 3,600 tonnes of ammonia and 4,400 tonnes of urea.[2]

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