Mississippi Phosphates to close 770,000 tpa DAP plant
Published: Monday, 08 December 2014
The loss of an income stream for Mississippi Phosphates Corp. will be unwelcome as the company continues to search for potential asset buyers, though the reduction in its workforce will counterbalance this effect. The company remains unsure as to the future of DAP production at its facilities.
US-based Mississippi Phosphates Corp.
(MPC) will wind down production at its 771,000 tpa diammonium
phosphate (DAP) production facility in Pascagoula, Mississippi,
US this week, following a Chapter 11 bankruptcy
filing on 27 October.
While sulphuric acid production will continue...