CHIMCO STARTS PRODUCTION

Business | September 25, 2001, Tuesday // 00:00

Chimco restored the production cycle and started to gradually load the plant`s facilities. During the months when the plant remained idle a capital repair of the installations was made. USD 7 M were invested in them. According to specialists, this will allow to reduce the cost of the produce, which will influence he price of carbamide on the domestic market. `We are restoring the whole range of Chimco`s products and by the end of October all the facilities will be loaded to the maximum, ` CEO Valentin Dimitrov said. According to him, the pricing methods for natural gas on the domestic market should be changed. Chimco, Neochim of Dimitrovgrad and Agropolichim of Devnya proposed to the government changes for the pricing methods. The producers insist that the fact that they use natural gas not only as a fuel but as raw material and that they are the biggest industrial clients of Bulgargas to be considered. The term for ordering at preferential prices is extended until October12 because of the delayed restart of production and the big interest of farmers to the purchase of carbamide, Chimco announced.

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