24 February 2014 08:59 [Source: ICIS news]
KARACHI (ICIS)--Ma’aden Phosphate Co has completed the turnaround at its ammonia plant at Ras Al Khair two weeks ahead of schedule, the company said on Monday.
“Ma’aden Phosphate … has resumed its operations of the ammonia plant on 23 February. Work required for the scheduled maintenance was shorter than expected from four weeks to two weeks,” the fertilizer producer said in a bourse filing.
The plant maintenance started on 12 February.
“The scheduled maintenance had no impact on the company’s ability to meet its obligations towards its customer and had no significant financial impact,” the company said.
The Ras Al Khair site can produce about 3m tonnes/year of granular diammonium phosphate (DAP), with an ammonia surplus of 400,000 tonnes/year, according to the company’s website.
Ma’aden Phosphate is a 70:30 joint venture between Saudi Arabian Mining Co (Ma’aden) and Saudi petrochemical giant SABIC.
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