Saudi Maaden shuts ammonia plant for two weeks of repairs

Reuters Middle East

DUBAI, April 2 (Reuters) - Maaden Phosphate Company (MPC)

shut its ammonia plant at Ras Al Khair on Monday for unscheduled

repairs which are expected to take about two weeks, Saudi

Arabian Mining Company (Maaden) said on Tuesday.

Maaden said in a statement to the Saudi stock market that

the shutdown for "technical repairs" would have no impact on its

ability to meet supply obligations to customers.

The plant produces ammonia used to make Diammonium Phosphate

(DAP) at the complex, but the DAP plant will continue to produce

normally using ammonia stocks, it said.

MPC is co-owned by Maaden (70 percent) and Saudi Basic

Industries Corporation (30 percent).

(Reporting by Daniel Fineren; Editing by Mark Potter)