10 November 2010 08:48 [Source: ICIS news]
HANOI (ICIS)--A proposed planned maintenance shutdown at Fauji Fertilizer Company’s Port Qasim fertilizer plant in ?xml:namespace>
Speaking from the sidelines of the International Fertilizer Industry Association (IFA) Asia Pacific Crossroads conference at
Gas supply in
The Port Qasim plant produces 650,000 tonnes/year of DAP and 550,000 tonnes/year of urea, group general manager of marketing Chaudhary said.
He added that production economics made it more likely that urea would be more affected than DAP.
“Our estimated urea production for 2010 is already below forecast [due to gas supply issues],” Chaudhary said. “At one stage we had contemplated exporting urea but this now looks unlikely.”
Looking at the demand and supply scenarios for 2011, Chaudhary said he expected the market to be more in balance, with 6.5m tonnes of urea produced, and roughly about the same amount consumed.
The consequence of this would be that, in order to maintain buffer stocks, more imports of urea would be needed.
The IFA Asia Pacific Crossroads conference is being held in
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|