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Bulgaria’s Neochim to restart production after technical glitch

Oct 26, 2022, 11:29:56 AMArticle by Tanya Ivanova
share
October 26 (SeeNews) - Bulgarian fertiliser producer Neochim [BUL:NEOH] said it will resume production of nitric acid as a technical issue has already been resolved.

Bulgaria’s Neochim to restart production after technical glitch
Author: Neochim. Licence: All rights reserved.

The company identified the glitch earlier in October while it was in the process of resuming operations at its nitric acid and ammonium nitrate units after annual maintenance works.

The process of restarting the two units will now continue, Neochim said in a bourse filing on Tuesday.

Additionally, the company expects to resume production of ammonia and ammonium bicarbonate as planned.

As at CEST 0955, shares in Neochim traded flat at 41 levs on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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