Kemira GrowHow Oy will replace the old nitric acid plant in Uusikaupunki by a new modern unit. The new nitric acid unit has been constructed using the most recent technology, with regard to environmental protection as energy utilization efficiency. The investment is worth EUR 21 million and will be covered using GrowHow's own cash flow.
The new nitric acid plant will further improve Uusikaupunki plants' existing cost efficiency and competitive advantage. The investment will contribute to reducing the expenses in production costs and improve further the plants' environmental protection level.
With the new plant Uusikaupunki will be self-sufficient in nitric acid and energy production. At the same time it will be possible to supply heat energy generated in the process to cover in part the heat energy requirement of Uusikaupunki city nearby.
Mounting will start towards the end of 2003 and the plant will be brought on stream in summer 2004.
The Uusikaupunki plants are among Kemira GrowHow's biggest production units. The plants produce NPK compound fertilizers mainly for field cultivation while exports account for approx. half the production. Production is exported e.g. to China, Africa and Asia.
For further information:
Kemira GrowHow, Helsinki
Heikki Sirviö, President
Tel. +358 (0)10 215 2442
Timo Lainto, Executive Vice President
Tel. +358 (0)10 215 2515