BEIJING, Nov 18 (Reuters) - A Chinese language fertiliser agency, Hubei Yihua Chemical Trade Co 000
BEIJING, Nov 18 (Reuters) – A Chinese language fertiliser agency, Hubei Yihua Chemical Trade Co 000422.SZ, halted manufacturing at a plant in northern China due to inadequate pure fuel provide, the corporate mentioned in an announcement filed to the Shenzhen inventory trade on Monday.
Interior Mongolia Erdos Union Chemical, collectively arrange by Yihua, Chinese language cashmere maker Erdos Group ERDOSA.UL, and Sigma funding Group from the US, will shut its 520,000-tonnes-per-year (tpy) synthesis ammonia and 1.04-million-tpy urea models from Nov. 18, the submitting mentioned.
Hubei Yihua holds a 51% share of Erdos Union Chemical.
Fertiliser producers, a significant industrial consumer of pure fuel in China, sometimes face power shortages through the winter heating season that begins in November as a result of the federal government prioritises fuel provide to residential customers.
Final week, China’s state planner mentioned it expects this winter’s power provide and demand to be usually balanced amid rising pure fuel output and…