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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Rentech Nitrogen reports $2 million damage from East Dubuque fire
9:41 AM MST | December 5, 2013 | Lindsay Frost
Rentech Nitrogen announced today that repairs damage from a fire at its East Dubuque, IL facility, which occurred on 28 November, will cost about $1-2 million. The company says the fire began at the ammonia converter of the ammonia synthesis loop. The company says it intends to file a claim related to the incident under its property insurance policy—which has a $1 million deductible. Production will remain halted for several weeks, the company says, however shipments from inventory resumed on 29 November. The company says it “does not expect the fire...
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