The project will be implemented in the period January 12 – December 15, 2021 and targets to reduce energy consumption of large electrical motors in a number of production plants at Azomures (NPK, Ammonium Nitrate 2, Ammonium Nitrate 3 and Ammonia 3). The reduction in electricity will be close to 7,000 MW/year, significantly reducing the plant’s carbon footprint.
“This project is the first of its kind for Azomures and completes our efforts to reduce greenhouse gas emissions to achieve the European Union Green Deal targets of 55% reduction of GHG by 2030. Azomures has already reduced its emissions by 50% and is on the way to reaching 55% in coming years. It is an important investment for Targu Mures and the execution tender is open to all interested companies,” said Harri Kiiski, general manager of Azomures.
Azomures had a turnover of RON1.63 billion in 2019, down 7% on the year, according to Confidas data. It reported a net loss of RON96 million from a profit of RON56.4 million in 2018.