Shares of Gujarat State Fertilizers & Chemicals may come under pressure as the company made an emergency shutdown of its ammonia-IV plant on July 6. The shutdown was due to detection of leakage of high-pressure process gas from hot header of reformer box, it said on Monday, and added that the urea-II plant was also shut down due to non-availability of CO2 gas. All other plants of GSFC are operational, GSFC said, but did not say anything about the financial impact of the shutdown.
Shutdown of units may impact GSFC
Published on
July 10, 2017 17:10