21 April 2011 16:38 [Source: ICIS news]
This would strengthen ZAP's position as the second biggest urea producer in the EU behind Yara, expanding its EU capacity share to 12% from 9%, ZAP said. Yara accounts for one fifth of capacity in the EU, it added.
Another expansion enabled by the project, in the Starachowice special economic zone in central
Additionally, the investment had led to an increase in ZAP's AdBlue capacity from 30,000 tonnes/year to 100,000 tonnes/year. AdBlue is a diesel emissions reducer based on high-quality aqueous urea.
The initiative would mean the natural gas consumption rates of the ammonia and urea plants fall by 5.4% and 3.5% respectively, a plus for the environment, ZAP added.
“We have strengthened our urea position in
“We can say we have concrete investments to celebrate our special anniversary,” he added.
The Polish treasury said in early April that this year could see another attempt at privatisating ZAP.
($1 = Zl 2.74, €1 = Zl 3.97)
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