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New Zealand's Ballance Agri-Nutrients may halt urea production for four months due to gas supply issues.
New Zealand's Ballance Agri-Nutrients may shut down its Kapuni plant for four months due to a lack of affordable gas supply.
The plant, which produces one-third of the country's urea fertilizer, faces shutdown if a new gas contract isn't secured by September 30.
The company is exploring alternatives to ensure nitrogen urea production, which could include using stockpiles and imports if a shutdown occurs.
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Ballance Agri-Nutrients de Nueva Zelanda puede suspender la producción de urea durante cuatro meses debido a problemas de suministro de gas.