Polish firms to build $1.2 billion coal gasification project
Zaklady Azotow currently uses about 1 million cubic meters of natural gas per year to produce fertilizers. The new installation, which will take a coal feed of up to 1.3 billion tons per year, is expected to satisfy about 50% of the company's demand.
Coal for the installation will come from the Bogdanka mine, which produces about 5 million tons of coal per year. Recently, Zaklady Azotow and Lubelski Wegiel discussed prospects for the coal gasification project in order to cooperate in the area of coal processing for application in chemical production and power generation. The timeframe is about five years, and a project feasibility study would be prepared in coming months to determine details and financing.
Such coal gasification is one of the key projects included in Zaklady Azotow's business strategy for 2007-17, helping the company to diversify its supply raw material sources. The company has been the leader in Poland's fertilizers sector for more than 40 years and has products in the American market.
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BERLIN - Germany’s three-party coalition is debating whether electricity prices for energy-intensive industries should be subsidised to prevent companies from moving production abroad.
Calls to reduce the electricity bill for big industrial producers are being made by leading politicians, who, like others in Germany, fear the country could lose its position as an industrial powerhouse as it gradually shifts away from fossil fuel-based production.
“It is in the interest of all of us that this strong industry, which we undoubtedly have in Germany, is preserved,” Lars Klingbeil, head of Germany’s leading government party SPD (S&D), told Bayrischer Rundfunk on Wednesday.
To achieve this,…
