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Ukraine's Stirol halts fertilizer production due to low prices, costly feedstock

8:32 AM MDT | September 4, 2013 | Francinia Protti-Alvarez

Stirol (Kyiv) has halted production of fertilizers pending an improvement in market prices, the company said in a statement today. Production of ammonia and derivatives has stopped. The price of natural gas, the main raw material for fertilizer production, has increased, the company says. The situation is expected to last until November. Supply of fertilizers to the local market should be met by current inventory levels, the company says. Stirol has the capacity to produce 4,800 m.t./day of ammonia, and its two urea production units make a combined 3,000...

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