14 November 2012 16:58 [Source: ICIS news]
LONDON (ICIS)--Zaklady Azotowe Pulawy (ZAP) hopes to capitalise on the expected boom in shale gas exploration in Poland by supplying mineral-enhanced soil for the reclamation of land voids caused by wells, the company said on Wednesday.
An installation to produce the specially-treated soil is to be constructed at a cost of zlotych (Zl) 15.4m ($4.7m, €3.7m) by mid-2014, added ZAP, a fertilizer, melamine and caprolactam (capro) producer.
On 12 November, five state-controlled Polish companies said they had been unable to hammer out the details of a Zl 1.72bn shale gas cooperation deal by a targeted November deadline, but now intended to reach an agreement by 4 February next year.
($1 = €0.79, $1 = Zl 3.29, €1 = Zl 4.18)
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