Sunday, March 4, 2012

Dispute Over Fertiliser Plant May Be Easing in Thailand.

Byline: Santan Santivimolnat

Jan. 3--A Japanese-Korean consortium could start work within two months to rectify technical errors in the US $240-million plant of National Fertiliser Plc, ending a three-year legal tussle, according to an Industry Ministry source.

Mitsui Engineering and Shipbuilding Co and Hyundai Engineering Construction Co recently sent their experts to Thailand to examine problem areas, indicating that the consortium's stance was softening.

The consortium and NFC have been sparring over the extent of improvements required and threatening legal action against each other.

When Wisanu Niwesmarintra took over as NFC's chief …

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