- The EU package offers up to EUR 50 million to energy-intensive companies like fertilizer producers.
- Azomures plans to restart half of its production installations in early April, with full operations by May.
- The production target is approximately 600,000 tons of fertilizers for the autumn agricultural campaign.
- The exact restart date depends on the availability of natural gas in the Romanian market.
EU Support Package
The European Commission has introduced an economic support package aimed at farmers and energy-intensive industries, including the fertilizer sector. This package offers up to EUR 50 million to help balance energy and natural gas costs for fertilizer producers. The initiative addresses concerns over fertilizer availability in Europe due to reduced supplies from Russia, Belarus, and Ukraine.
Azomures' Restart Plans
Azomures has been in discussions with the Romanian Minister of Economy, Florin Spătaru, and other potential fertilizer producers to find solutions for resuming production. The official announcement of the European aid is expected soon, with plans to restart fertilizer production in early April.
Production Schedule
Initially, half of Azomures' production installations will be operational, with the remaining installations scheduled to start in May. This phased approach aims to produce approximately 600,000 tons of fertilizers, meeting part of the fertilization needs for Romanian farmers in the autumn agricultural campaign.
Natural Gas Availability
The exact date for resuming production is contingent on the availability of natural gas in the Romanian market. The support package will help cover the difference between the purchase price of natural gas and the cost of fertilizer production, ensuring a fair price for natural gas and supporting the agricultural sector.
