13 May 2013 12:39 [Source: ICIS news]
LONDON (ICIS)--United Arab Emirates-based fertilizer producer Ruwais Fertilizer Industries (FERTIL) plans to start production at its FERTIL-2 urea/ammonia plant in June after a delay of nearly six months, a company official told ICIS on Monday.
The producer will start commercial shipments of urea to the US and Australia in the first half of June, the official said.
“We have already produced some urea at the plant as a test. Now the plant has been shut down for final repairs,” the official added.
The FERTIL-2 plant was built at a cost of $1.2bn (€924m), and was initially expected to come on stream in January. The delay was a result of technical issues.
FERTIL-2 will produce 2,000 tonnes/day of ammonia and 3,500 tonnes/day of urea at full capacity.
This will increase FERTIL’s total urea capacity by 1.2m tonnes – to around 2m tonnes/year – from 800,000 tonnes/year at present.
Ammonia produced at the plant will be used for downstream urea production, while urea will be sold to overseas customers in the US and Australia.
FERTIL has signed annual contracts to supply around 600,000 tonnes to the US and another 200,000 tonnes to Australia.
FERTIL-2 is a fully integrated project based on feedstock natural gas provided by Abu Dhabi National Oil Company (Adnoc), which owns a 66.6% stake in the company. French oil and gas major Total owns the remainder of the company.
($1 = €0.77)
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