Helwan begins urea turnaround on schedule

07 April 2008 16:19  [Source: ICIS news]

LONDON (ICIS news)--Egyptian urea producer Helwan Fertilizers has started its maintenance turnaround on schedule, a company source said on Monday.

 

The 55,000 tonne/month granular urea unit, based in Helwan, south of Cairo, was shut down as planned on Saturday and is expected to be out of action for about 12 days to allow equipment specifications to be checked.

 

The shutdown will mean Helwan has less spot availability for April.

 

Prior to the shutdown, Helwan committed 15,000 tonnes to the domestic market for April at $430/tonne FCA (free carrier) bagged.

 

Following the turnaround, a further 10,000 tonnes will also be committed at the same price.

 

Due to reduced production, these would be Helwan’s only spot sales this month.

 

In January 2008, Helwan agreed to supply 25,000 tonnes to the domestic market every month.

 

This week it revealed it had agreed to supply 50,000 tonnes/month to the domestic market in May, June and July at a yet to be agreed price, following a request for additional volumes.

 

This will leave Helwan with only around an extra 5,000 tonnes/month available until August.

By: Carl Roache
+44 20 8652 3214

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