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Maaden restarts fertiliser plant

Al Khobar , February 17, 2013

 

A subsidiary of Saudi mining firm Maaden restarted a diammonium phosphate (DAP) fertiliser plant in Ras Al-Khair on Saturday after it shut it down for maintenance during a period of low seasonal demand, Maaden said.
 
Maaden Phosphate will ramp up output on February 18 as scheduled, it said late on Saturday in a bourse statement.
 
In January, the Saudi firm said the three-week shutdown would have no impact on its ability to meet its obligations to customers of the industrial fertilizer and that the ammonia plant at Ras Al-Khair would continue to operate normally.
 
Maaden Phosphate Co is 70 percent-owned by Maaden and 30-percent held by Saudi Basic Industries Corp (Sabic). -Reuters



Tags: Maaden | Phosphate |

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