Chemical Industry News
Belarus gas cuts hit chemicals industry
Wednesday, 23, June 2010
The spat between Russia and Belarus is leaving many in the chemical industry in central and eastern Europe feeling very nervous. Fertilizer producers, in particular, rely on natural gas as a feedstock.And yesterday, Belarusian fertilizer producer Grodno Azot warned that it could be forced to shut down following the natural gas supply cuts from Russia. It would take at least six days to re-start the facility following a shutdown, the company said.
State-owned Grodno Azot currently has the capacity to produce some 700,000 tonnes/year of mineral fertilizers.Russian state-controlled gas monopoly Gazprom started cutting gas supplies to Belarus this week due to an unpaid debt.But the dispute could affect supplies to the rest of CEE. Alexander Lukashenko, president of Belarus, says he will suspend Russian gas deliveries to Europe after Moscow cut its own supplies in a disagreement over unpaid bills.