Notore Posts N9.43bn Revenue For 2021 3rd Quarter

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Nigeria’s leading agro-allied company, Notore Chemical Industries Plc, has recorded revenue of N9.43bn for the third quarter ended 30th June 2021, in the

In a statement by its group managing director / chief executive officer , Mr. Ohis Ohiwerei, the company said during the period under review, it focused on post-TAM plant stabilisation and optimisation to ensure that the company meets its 500,000MT per annum nameplate capacity.

According to him, “Due to gas supply disruptions beyond the company’s control, it has taken longer than expected to complete the post-TAM plant stabilisation phase. The gas supply challenge has now been resolved and we expect a major upturn in the plant’s reliability and production output to meet and sustain its 500,000MT per annum urea nameplate design capacity.

 

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