28 April 2010 15:19 [Source: ICIS news]
PRAGUE (ICIS news)--The survival of some of Poland's fertilizer producers could come into question if cheap fertilizer imports continue to pour into the country in the second and third quarters of this year, the Polish Chamber of the Chemical Industry (PIPC) said on Wednesday.
“Last year, Polish producers were strongly impacted by competition from imported products, and the first quarter of 2010 saw a continued influx of much cheaper fertilizer from abroad,” said PIPC director Jerzy Majchrzak.
“If this trend continues, the situation could become somewhat dramatic regarding the survival of some companies,” he said.
There were times last year when the companies were even paying twice as much for gas as some of their European rivals, who benefited from spot prices, PIPC noted.
In January, PIPC called on ?xml:namespace>
Krzysztof Jalosinski, CEO of nitrogen fertilizer, plastics and oxo alcohols maker Zaklady Azotowe Kedzierzyn (ZAK), said: “It is possible there are companies who face this threat [of closure], but I can only speak for my own company and we are safe from that.”
“The Polish gas pricing system must be changed if Polish chemical companies are to become more competitive and talks are taking place on achieving this,” he said.
PGNiG confirmed that it was still holding talks with companies and state officials on the issue.
PIPC's Majchrzak did not specify which companies were most under threat from cheap imports, but in March a source at
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