Lifosa has resumed operations

The Lifosa plant (Lithuania) has restarted its production after a forced shutdown in April this year. 240 employees of the enterprise are back to work.

Earlier, the European Union authorities imposed sanctions against Andrey Melnichenko, the owner of EuroChem, which owns Lifosa. After that, the accounts of Lifosa were blocked and the plant was forced to stop.

Later, the Ministry of Finance of Lithuania allowed Lifosa to resume its operations under supervision. Lifosa produces phosphoric acid, diammonium phosphate and monoammonium phosphate.

Source: Sputnik

Add Fertilizer Daily to your followed sources to get market news first  

Enjoyed the story?

Once a week, our subscribers get their hands first on hottest fertilizer and agriculture news. Don’t miss it!

SEE THE EXAMPLE

GET THE NEWSLETTER!