US$280 million for ammonium nitrate factory

The Thai Binh provincial People’s Committee has granted a construction license to the Mining Chemical Industry Corporation to build a factory able to produce 200,000 tonnes of ammonium nitrate per year.

The factory will be built on area of 40 hectares in Thai Thuy district at a total cost of nearly US$280 million.

According to its design, the factory will have two major workshops, producing nitric acid and ammonium nitrate with technologies bought from Europe. Waste from the factory will be treated with environmentally-friendly biological methods that meet European standards.

Construction of the factory is expected to begin in November 2011, while it is hoped production will commence in early 2014.

At the license-granting ceremony, leaders of Thai Binh province stressed that the project will bring socio-economic results and help ensure national power security.

The provincial officials also highlighted the need to strictly comply with stipulations of the Environmental Law and to prevent the danger of fire or explosion during production.

Tags: ammonium nitrate factory

Posted by VBN on Sep 19 2011. Filed under Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry