Phu My Fertiliser Plant, a member of the Petrovietnam Fertiliser and Chemicals Corporation (PVFCCo), completed its maintenance period eight days earlier than expected.
Phu My Fertiliser Plant, a member of the Petrovietnam Fertiliser and Chemicals Corporation (PVFCCo), began operation after more than one month of overall maintenance.
As of July 15th, Phu My Fertiliser Plant has produced 10 million tonnes of urea, meeting 40 per cent of the local market demand, PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) announced.
The HOSE-listed PetroVietnam Fertiliser and Chemicals Corporation (DPM)
has opened a new factory to produce UFC85, an essential feedstock in
urea production.
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) yesterday
signed the EPC Contract (Engineering, Procurement, Construction and
Commissioning) with an international contractor consortium to revamp the
Phu My NH3 and NPK complex.
Stocks failed to hold gains by the day''s end as investors stayed
cautious ahead of the 2014 earnings report for listed companies and
probable risks from Circular 36, which is expected to restrain lending
for stock investments.
Phu My Fertiliser Corp (DPM) next month will spend VND950 billion (US$45
million) to pay out dividends despite poor business result in the first
quarter of this year.
Shares extended last Friday''s rally on both bourses this morning. On
the HCM City Stock Exchange, the VN-Index closed at 489.37 points,
advancing 0.6 per cent, while gainers outnumbered losers 97-56.