Two more fertilizer plants in Europe shut down due to high gas prices no energy means no food

Source: https://www.newstarget.com/2022-08-26-fertilizer-plants-europe-close-high-gas-prices.html
Published: Aug 26, 2022
Author: Tyler Durden
Post Date: 2022-08-26 19:52:22 by Horse
Views: 171

A pair of fertilizer production facilities in Poland have reportedly closed their doors, at least temporarily, because of the exorbitant cost of natural gas and other fuels.

Record-breaking prices for fuel all across Europe forced Grupa Azoty, the European Union’s second-largest fertilizer producer and the owner of one of the plants, to halt operations. The company issued the following statement on August 22:

“Due to record prices for natural gas, the main raw material for Grupa Azoty SA’s production, the company decided on August 22, 2022 to temporarily shut down its nitrogen fertilizer, caprolactam and polyamide 6 production plants from August 23, 2022.”

“Although there are no problems with the availability of gas, the current situation on the gas market, which determines the profitability of production activity, is exceptional and completely beyond the company’s control.”

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#1: Horse    To: All (#0)

http://www.yourdestinationnow.com/2022/08/half-of-germanys-2022-harvest-expected.html

HALF of Germany’s 2022 harvest expected to fail due to drought

Horse posted on 2022-08-26 20:18:20   Reply   Private Reply