Azomures stopped the production of ammonia due to high gas prices
Romanian fertilizer producer Azomures has stopped the production of ammonia due to a sharp rise in prices for natural gas caused by existing problems in its supply chains to the European market.
At the same time, there was a drop in prices for nitrogen fertilizers in the European Union market, making their production at Azomures unprofitable. That is why the management of Azomures was forced to suspend the production of ammonia.
Same problems have been plaguing Azomures for a while, because of which its operation was suspended last year. Azomures produces ammonium and calcium-ammonium nitrate, carbamide, carbamide-ammoniac compound, and NPK fertilizers. The company accounts for 10% of natural gas consumption in Romania.
Read also
Ukraine’s sowing campaign enters the final stretch
South Africa’s wheat plantings could fall to their lowest level in 12 seasons
EU Trade Committee supports trade agreement with the United States
India in the global vegetable oil market: Between import dependence and self-suffi...
Kazakhstan launches grain trade on Chinese digital platform
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon