Kuwaiti-Tunisian Phosphate Fertilizer Plant Commissioned

The joint-venture firm Industries Chimiques de Gafsa (ICG), in which the Kuwait Petrochemical Industries Company (PIC) holds a 49% equity interest, has commissioned its new 400,000 ton/year triple superphosphate fertilizer plant at Gafsa, about 400 kms. South of Tunis.

PIC's stake in the venture was acquired in October 1982 and the capital of the firm was increased last year from TD16.5mn ($19.7mn) to TD20mn...