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Economy 1 min read Source: УРА-Информ

Odessa Port Plant halted production

Odessa Port Plant halted production
photo УРА-Информ

This is reported by Deputy General Director of the plant Nikolai Shchurikov on his Facebook page.

The corresponding decision was made in connection with the fall in prices and demand for products.

"The cost of producing ammonia and carbamide, most of which is the cost of the main raw materials - natural gas, significantly exceeds the prices that are developing in the world market," the message says..

Thus, in the current market situation, the tolling scheme is disadvantageous for the tolling company.

In addition, economic forecasts of the development of the situation in the mineral fertilizer market are negative.

At the moment, the necessary routine maintenance is carried out. However, when exactly the plant will again be able to earn it is still unknown.

Recall, as previously reported, "URA-Inform, our country will in the near future accumulate in the UGS approximately 17 billion cubic meters of natural gas.

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