Ma'aden and Natpet close plants for maintenance

3:38 AM MST | January 28, 2013 | Natasha Alperowicz

Saudi Arabian Mining Company’s (Ma’aden) subsidiary Ma’aden Phosphate Co. (MPC; Riyadh) will shut down its di-ammonium phosphate (DAP) plant at Ras Al Khair, Saudi Arabia for maintenance. The company says that it decided on the shutdown because of lower seasonal demand for DAP. Maintenance work commenced today and will last approximately three weeks. MPC, a joint venture in which Ma’aden holds 70% and Sabic 30%, says the shutdown will have no impact on the company’s ability to meet its obligations towards customers. The upstream...