Canpotex’s new method prove increased productive capacity

Canpotex’s new method to prove increased productive capacity

7:33 AM, 5th January 2017
Canpotex logo

SASKATOON, CANADA: Canpotex Limited has approved a new methodology for determining the amount of increased productive capacity from major mine expansions, as its producers may independently decide to undertake.

The aggregate productive capacities of Canpotex producers are used in determining their respective export sales entitlements through Canpotex.

Until now, Canpotex producers have had to demonstrate increases in productive capacity of existing mines from completed major mine expansions through an independently audited sustained production run of 90 operating days, scheduled at the producer’s discretion. The new methodology will instead rely on an independent engineering firm and approved protocols to calculate productive capacity.

Audit protocols employed by the independent engineer will consider historical data and designed increases tested against a set of detailed parameters. Both conventional and solution mine audit protocols will also include a short 10- to 14-day production run scheduled at the producer’s discretion to validate audit results.

Although the new audit procedures are intended to replace the need for a more sustained production run to determine increased productive capacity resulting from a completed major mine expansion, a Canpotex producer which is dissatisfied with the engineering audit results will still be able to thereafter elect to revert to the audited 90-day run procedure and have those operating results used to calculate the increased productive capacity of its mine resulting from the major mine expansion.

The new procedures also will not apply to such major mine expansions that have previously completed a 90-day production run to demonstrate the mine’s increased productive capacity, or which may be in the process of conducting a 90-day production run.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Merck acquires food safety testing company in US

DARMSTADT, GERMANY: Merck KGaA said that it has acquired a global leader in food safety testing, BioControl Systems Inc. The acquisition opens gr ...

Read more
Fluor bags EPC contract for new process unit in Chile

IRVING, US: Fluor Corporation has been awarded an engineering, procurement and construction (EPC) contract by Empresa Nacional del Petroleo (ENAP), fo ...

Read more
ExxonMobil, Tillerson reach agreement to end all ties

IRVING, US: The board of directors of ExxonMobil Corporation has reached an agreement with Rex Tillerson, former chairman and chief executive officer ...

Read more
Technip bags service contract by SOCAR GPC

PARIS, FRANCE: Technip SA has been awarded a service contract by SOCAR GPC, for a new gas and petrochemical complex, located in Garadagh, Azerbaijan. ...

Read more
Linde brings 6 air separation units onstream in China

MUNICH, GERMANY: The Linde Group has brought six major air separation units (ASU) onstream for its customer, Shenhua Ningxia Coal Industry Group Co Lt ...

Read more
Evonik completes acquisition of Air Products’ speciality additives biz

ESSEN, GERMANY: Evonik Industries AG has completed the acquiring the speciality additives business (performance materials division) of the US-based Ai ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X