Monómeros will seek to rebuild its route with millionaire investments in 2022

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One of the most important measures that Monómeros Colombo Venezolanos has planned to start up to resume the route and once again be the most important fertilizer producer company in the region will be the major maintenance of the factory’s critical equipment and systems, for which Investments worth about $ 15 million will be made in 2022.

This was announced by the manager of Monómeros Colombo Venezolanos, Guilermo Rodríguez, who after bear company problems, which led to its intervention by the Superintendency of Companies of Colombia, now seeks to give a new air to the company, whose production center is in Barranquilla.

Rodríguez explained that the major maintenance is done every six years, and that this process will begin with the complex granulated fertilizer plant, one of the most important in Latin America. “Then there will come those of nitric and sulfuric acid, which generate the inputs required for the manufacture of fertilizers and surpluses that are sold to different industries in Colombia and Latin America,” he detailed in a document sent to the Voice of america.

“For more than five decades, 11 plants have made up the main industrial complex of Monómeros, one of the most important and specialized production centers in Colombia, where high value-added products for agriculture and industry are manufactured, boosting the economy and the local and regional production ”, assured Rodríguez.

Meanwhile, William Ortega, Monómeros Operations Manager, assured: “Today the plants remain at an excellent operating level and we are preparing to continue with maintenance activities in accordance with the most important requirements.”

In its management report from January to November of this year, the company points out that despite the constant challenges, such as the increase in raw material costs, the national strike that shook Colombia during May, the negative effects that are still continues to generate the COVID-19 pandemic and intervention, the results show a utility cumulative net of about $ 8.5 million.

The report was sent to Petroquímica de Venezuela (Pequiven), owner of Monómeros.

Likewise, Rodríguez pointed out that despite the inconveniences, “the company managed to supply the Colombian market, guaranteeing product availability to the country’s farmers, in addition to generating a significant improvement in economic indicators.”

This year, the company managed to overcome problems that had it on the brink of undergoing a reorganization agreement. In September, it presented its withdrawal from the process initiated and in October the authority accepted the request, and warned in its response that “the insolvency process in question is terminated, without prejudice to the fact that in the future a new request may be submitted to this or other procedures ”.

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