19 September 2013 14:59 [Source: ICIS news]
BUCHAREST (ICIS)--Romania’s largest fertilizer producer, Azomures, has restarted its units at Targu Mures after scheduled maintenance and upgrade works which commenced on 15 July, the company said on Thursday.
The turnaround lasted one more month than initially scheduled, but the company offered no explanation for the delay. The maintenance works cost around €13m ($18m), it said.
Azomures is currently investing around €200m to increase capacity and carry out maintenance at some of its units. On 27 July, the company signed a €75m contract with Czech firm Chemoprojekt for the modernisation of the urea plant at its site. The project will boost the unit's capacity by around 60% to 1,425 tonnes/day from 900/tonnes day from autumn 2015.
Further investment will be used primarily to increase capacity of the company’s ammonium nitrate (AN) and calcium ammonium nitrate (CAN) units.
Azomures delivers around 400,000 tonnes/year of fertilizers, or around 30% of its production, to the Romanian market, with the rest being exported. It is 96.43% owned by Swiss grain and fertilizer trader Ameropa Holding.
Azomures’ AN and CAN units can each produce about 300,000 tonnes/year. The company also produces urea, complex nitrogen phosphorus potassium (NPK) fertilizers and melamine.
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