Chimko fertilizer plant is to sign a memorandum on rescheduling its debt payment over a ten-year period with the National Electricity Transmission Company and Bulgargaz till May 1, a representative of majority –owner Cyprus off-shore company A.V.S.T. Trading said. The company’s liabilities total BGN 52 M and BGN 30 M respectively. The managers of the Vratsa-based plant also seek a bank loan in exchange of mortgaging ammonium cisterns. The amount of the loan and the banks with which negotiations will be held were not announced. Carbamide production for the domestic market will start May 20, while production for Serbia will start June 1 when the duty fees on exported Bulgarian goods will be abolished. Chimko did not reopen production of carbamide and ammonia on April 8, because a Greek company cancelled its order. A total of 200 employees of Chimco plant protested against the lies and cheating as they put it and demanded for work and salaries. The plant terminated its operations on March 7 because of lack of orders and the high prices of the natural gas.