SOFIA (Bulgaria), September 13 (SeeNews) – Bulgaria's Neochim [BUL:3NB] said on Tuesday it has received regulatory approval for plans to invest 2.2 million levs ($1.5 million/1.1 million euro) in a project that will cut greenhouse emissions at its fertilisers plant.
The project, which has been cleared by the country's environment ministry, envisages the retrofitting of the company’s plant near the southern city of Dimitrovgrad with a catalyst that will capture nitrous oxide emitted during the production of nitric acid, Neochim said in a statement filed with the Bulgarian Stock Exchange.
The device is expected to slash nitrous oxide emissions by 80-90%.