Brief: GA Azotowe Pulawy Temporarily Limits Production Of Melamine

Grupa Azoty Zaklady Azotowe Pulawy SA

11/07/2022 07:55

July 11 (Reuters) - Grupa Azoty Zaklady Azotowe Pulawy SA
 ZAPP.WA :
    * SAID ON FRIDAY THAT IT WILL TEMPORARILY LIMIT PRODUCTION
OF
MELAMINE
    * COMPANY TO HALT PRODUCTION ON ONE OF ITS PLANTS (MELAMINE
I) AND
LIMIT CAPACITY OF ANOTHER (MELAMINE II) TO 50%
    * DUE TO PREVIOUSLY ARRANGED CONSTRUCTION WORKS ON OTHER
PLANTS
(MELAMINE I-II AND MELAMINE III), FROM JULY 9 ONWARDS MELAMINE
PRODUCTION WILL BE AT ABOUT 20% OF ALL OF ITS PLANTS MAXIMUM
CAPACITY
    * COMPANY IS NOT ABLE TO CURRENTLY ESTIMATE NEGATIVE IMPACT
OF
THIS DECISION
    * DECISION DUE TO RISING GAS PRICES AND ACHIEVABLE SALE
PRICES


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5kTnrZa
 Further company coverage:  ZAPP.WA  

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