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Saudi Ma’aden Says Shut Down Ammonia Plant

Saudi Ma’aden Says Shut Down Ammonia Plant

The plant, located in the Ma’aden complex at Ras Al Khair city, was shut down on March 23 “for a period of around 10 days”, the company said.

Saudi Arabian Mining Company (Ma’aden) said on Wednesday its subsidiary Maaden Phosphate Company (MPC) had shut down an ammonia plant due to unscheduled technical repairs at a cooling facility.

The plant, located in the Ma’aden complex at Ras Al Khair city, was shut down on March 23 “for a period of around 10 days”, the company said in a statement.

Ma’aden said MPC would continue producing diammonium phosphate, a fertiliser for which ammonia is a feedstock, using its inventory and “the shutdown will have no significant financial impact”.

Ma’aden has a 70 per cent stake in MPC and Saudi Basic Industries owns 30 per cent.

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