Negotiations resume between Kima and Maire Tecnimont on nitric acid project
Published by Nicholas Woodroof,
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/
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