15 September 2009 16:18 [Source: ICIS news]
PRAGUE (ICIS news)--Poland’s second-largest fertilizer maker, Zaklady Chemiczne Police (ZChP), has indefinitely cut its fertilizer production by around a third, citing lack of demand in the economic downturn, the company said on Tuesday.
ZChP said around 80 jobs would be lost because of the scaled-down production at its nitrogen phosphorous potassium (NPK) and nitrogen phosphorous (NP) fertilizer lines.
It noted that farmers with financial difficulties are generally much more likely to postpone purchases of NPK and NP fertilizers than of less-specialised nitrogen fertilizer varieties.
ZChP's NPK capacity is 960,000 tonnes/year, while its NP capacity is 460,000 tonnes/year.
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