Ma’aden shuts down ammonia plant for a fortnight

02 April 2013 11:29  [Source: ICIS news]

LONDON (ICIS)--Saudi Arabian Mining Company (Ma’aden) has shut down its ammonia plant at its Ras Al Khair, Saudi Arabia, for approximately two weeks, the company said on Tuesday.

Run by Maaden Phosphate Company (MPC) – 70%-owned by Ma’aden and 30%-owned by SABIC – the unscheduled shutdown of the facility has been put into effect to allow technical repairs to be made to the unit, the company said. The shutdown began on 1 April.

According to Ma’aden, the shutdown will have no impact on customer obligations. A diammonium phosphate (DAP) plant run by MPC will continue to operate over the duration of the shutdown by utilising inventoried stocks of ammonia.

“The shutdown will have no significant financial impact,” Ma’aden said in a filing on Tadawul, Saudi Arabia’s stock exchange.

By: Tom Brown
+44 208 652 3214

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