South African chemicals producer Omnia on Tuesday reported that negative impacts on its agriculture division, including the drought and a breakdown at its Nitric Acid 2 complex, have seen its gross profit decrease by 11% year-on-year to R1.5-billion for the six months to September 30. The Sasolburg-based Nitric Acid 2 plant was down for 86 days, resulting in lower throughput volumes and higher operating costs.
Source: www.engineeringnews.co.za
Omnia H1 profit down 11% y/y amid drought, plant breakdown
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