Nuevitas, Camagüey, Mar 30. – More than 8 million dollars were allocated to the "October Revolution" fertilizer manufacturing company, in Nuevitas in northern Camagüey, as part of the investments underway in the island resulting from the Bolivarian Alliance for the Americas (ALBA, by its Spanish acronym), aiming at updating the technology and, consequently, increasing the production of Ammonium Nitrate fertilizers.
Since 2008 the plant began to receive equipment and materials, purchased thanks to loans provided by the ALBA. Then, this industry began to reinstate its production capacity, of approximately 200 000 tons of fertilizers per year, which is used in the agriculture sector.
The industry in Nuevitas was founded by Guerrilla Commander Ernesto Che Guevara in 1962.
For consuming large amounts of power its productions have dropped over the last years, in spite of being the one-of-the-kind fertilizer manufacturing plant in Cuba.
So far, the workers of this factory are protagonist of the current investment, which are expected to come to an end this year, not without underestimating the necessary and systematic maintenance in order to ensure a rise in productivity.
Investments are crystallized in the assembly of the cooling towers and in the replacement of pumps and compressors. On the other hand, the plant will install modern equipment worth 4 million dollars, essential for recovering the production capacity of the industry and increase the presence of Cuban fertilizers in the world market. (AIN / Radio Cadena Agramonte).