10 November 2010 10:37 [Source: ICIS news]
HANOI (ICIS)--Fertilizer producer and importer PetroVietnam will add a further 860,000 tonnes/year to its urea capacity over the next two years to meet rising regional demand, a company spokesperson said on Wednesday.
The state-owned company would increase the capacity of its 740,000 tonne/year plant at Phu My in the south of Vietnam to 800,000 tonnes/year by this year, once it had completed the installation of a carbon dioxide (CO2) recovery system, said Pham Tuan Son, deputy general manager of PetroVietnam’s fertilizer division.
Pham was speaking on the sidelines of the International Fertilizer Industry Association (IFA) Crossroads Asia Pacific 2010 conference in ?xml:namespace>
In addition, the company’s new 800,000 tonne/year unit in
A significant amount of urea would go to neighbouring countries for export, with
Meanwhile, the Vietnamese government was separately planning to commission two new urea plants.
Under the plan, state-owned Vietnam National Chemical Corp (Vinachem) would increase the capacity at one of its plants to 500,000 tonnes/year from 180,000 tonnes/year in 2014 and add another plant with a capacity of 560,000 tonnes/year in 2011, Pham said.
With consumption fairly static in
The IFA Crossroads Asia Pacific 2010 conference takes place in
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|
Asian Chemical Connections