Ma’aden Phosphate Company to shut ammonia plant for overhaul

11 February 2014 14:52  [Source: ICIS news]

KARACHI (ICIS)--Ma’aden Phosphate Company, an affiliate of  Saudi Arabian Mining Company (Ma’aden) will shut down its ammonia plant at Ras Al Khair in the country for approximately four weeks, the company said on Tuesday.

“Ma’aden Phosphate Company will conduct a scheduled maintenance shut down in the Ammonia plant. The maintenance shutdown will start from  February 12 and will take approximately four weeks,”  the fertilizer producer said in a bourse filing.

“During the shutdown, the DAP (Diammonium Phosphate) plant will maintain production using existing ammonia inventory. Thus, the maintenance will have no impact on the company’s ability to meet its obligations towards its customer and will have no significant financial impact,” it added.

The Ammonia plant produces ammonia used in manufacturing of DAP. The Ras Al Khair site can produce about 3m tonnes/year of granular DAP with an ammonia surplus of 400,000 tonnes/year, according to the company’s website.

Ma’aden said any new developments regarding the shutdown will be announced in due course. Ma’aden Phosphate Company is a 70:30 joint venture between Ma’aden and Saudi petrochemical giant SABIC.

By: Aamir Ashraf

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