Press Release
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Nov 29, 2022 13:41 CET
ZUG, Switzerland, November 29, 2022 (Newswire.com)
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Leading European phosphate fertilizer facility Lifosa AB is completing preparations for the restart of production in December 2022. The plant is a part of the Swiss-based EuroChem Group AG, which is a subsidiary of AIM Capital Ltd, a Cyprus-based entity under the control of Linetrust PTC Ltd.
EuroChem Group AG recently announced a reduced-capacity restart of production following an agreement with a government-appointed administrator. Operations had been suspended in September 2022.
“With the need to continue fertilizer supplies to key target markets in Europe and the Americas and the importance of Lifosa AB to Lithuania, we are pleased that we will be…