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Old 03-23-2017, 09:14 PM
 
6,469 posts, read 5,710,414 times
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It's good to see this plant coming back online.
Quote:
The investment group, Augusta Sulfate Company LLC, said it intends to restart the fertilizer operations May 1, with a mix of former Fibrant employees as well as new hires.

Fibrant spokeswoman Lisa Kirby said workers at the site’s ammonium sulfate operation, which accounts for about 15 percent of the entire chemical plant, will remain Fibrant employees until the acquisition is finalized.

Fibrant’s Netherlands-based owner last year said the plant would shut down because its caprolactam operation, which produces the main ingredient in carpets, apparel and certain types of plastics, couldn’t remain competitive against low-cost Asian producers.

The Augusta-based investment group will be headed by David Delaney, who retired last year as executive vice president and chief operating officer of Canada-based PotashCorp. – one of the companies co-located at the sprawling east Augusta industrial facility built in 1962.

Delaney, who will serve as chairman of Augusta Sulfate Company, said in a statement the new venture is “committed to reenter the market and support our dedicated ammonium sulfate customers.
Investment group acquires part of Fibrant plant | The Augusta Chronicle
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