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ICL resumes Spanish MOP operations at 50pc

  • Mercados: Fertilizers
  • 17/04/20

Israel-based potash producer ICL has resumed potash production at its operations in Spain, after announcing it had to cut output in mid-March because of the impact of Covid-19.

The company said it resumed output on 14 April and it is at around 50pc of capacity as of today. ICL's intention is to continue to further increase production.

ICL said on 19 March that the reduction in output would have no immediate impact because of inventories. ICL has been able to replace orders for Spanish-origin MOP from its Dead Sea mines.

The company's Spanish operations were also affected by some mechanical failures in last year's fourth quarter, contributing to a drop in global annual production last year to 4.16mn t of potash, well below ICL's target of 5mn t and 720,000t less than it produced in 2018.

Subsidiary ICL Iberia is carrying out work to consolidate its Spanish activities into a single site, which will involve the closure of Sallent and the expansion of Suria. Argus puts Suria's capacity at 950,000t for this year, with Sallent at 250,000t.


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