Negotiations resume between Kima and Maire Tecnimont on nitric acid project
                            
                                
                                
                                        
                                            
                                        
                                
                                    
                                        Published by Nicholas Woodroof,
                                        Editor
                                        
                                    
                                World Fertilizer,
                                
                            
                        
In a statement, Kima said that Egypt's Dispute Settlement Committee had recommended the resumption of negotiations, which had reached a stalemate, delaying the old project, following an emergency problem that occurred in the carbon dioxide compressor of the urea production unit. A report concluded that this related to the manufacturer, which prompted Tecnimont to pledge to repair the compressor and extend the warranty period.
According to the agreement, Tecnimont will provide the necessary funding from international bodies and institutions to implement the project, which is expected to take about 24 months.
Read the article online at: https://www.worldfertilizer.com/project-news/29072021/negotiations-resume-between-kima-and-maire-tecnimont-on-nitric-acid-project/
You might also like
IFC invests in ATOME’s fertilizer project
ATOME has secured US$100 million in funding from the International Finance Corporation (IFC) for its fertilizer plant at Villeta, Paraguay.
 
                                