The economic impact report, by consultants Quod, sets out the main impacts of the multi-billion pound project – to mine and export a vast resource of natural fertilizer called polyhalite.
Nick joined Palladian Publications in January 2018 after graduating from the University of Edinburgh with a degree in History, including a year abroad at the University of Delhi. After an enjoyable stint as Digital Editorial Assistant, in May 2019 he became Assistant Editor of Oilfield Technology.
Outside of work Nick enjoys cross-country running, whipping up the occasional curry and travelling.
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The plant was idled in late 2017 because it was one of the higher cost phosphates facilities in Mosaic’s Florida Operations and due to global phosphate market conditions.
The partnership sees ADNOC combine its fertilizer business, ADNOC Fertilizers, into OCI’s Middle East and North Africa nitrogen fertilizer platform. ADNOC and OCI will own a 42% and 58% stake in the JV respectively.
The ammonia and urea ammonium nitrate manufacturer will host a teleconference call the following day to discuss the results.
Wynand van Dyk has been appointed to the role at the phosphate fertilizers company, effective 1 May 2019.