Nitratos de Peru to build plant in Paracas

Nitratos del Peru, part of Grupo Brescia and a producer of ammonium nitrate and ammonia, yesterday received authorisation to set up shop at the industrial zone I4 in Paracas, province of Pisco, Ica. This area will become the second petrochemical cluster, Marcona, also in Ica, being the first. Mariano Castro, a former executive secretary of the Peruvian Comision Nacional del Ambiente (Conam), states that, even so, the government will have to keep a close eye on matters such as land and sea transport by Nitratos del Peru to ensure that the national reserve of Paracas is protected. The firm hopes to have its plant ready for operations in 2011 after investment of US$650k.

Publication: SABI - Business News
Provider: South American Business Information
July 20, 2009

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