30 October 2008 16:30 [Source: ICIS news]
By Rebecca Clarke
LONDON (ICIS news)--Tunisian phosphates producer Groupe Chimique Tunisien (GCT) will stop production at two sites and has asked sulphur suppliers to delay, or in some cases cancel, shipments due to high stock levels, market sources said on Thursday.
GCT is stopping production of diammonium phosphate (DAP) and phosphoric acid production at its Gabes and La Skhira complexes until the end of the year in response to weak market conditions, according to a GCT announcement.
This will leave just its triple superphosphate (TSP) and phosphoric acid plants in Sfax running.
Suppliers also noted that there is a long queue of vessels already waiting to discharge in
GCT has two 650,000 tonne/year DAP plants at Gabes and can produce around 1m tonnes P205 of phosphoric acid there.
Phosphoric acid production capacity at La Skhira is 375,000 tonnes P205/year.
GCT imported 1.7m tonnes of sulphur in 2007.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|