UNIPETROL, a.s. announces, that due to continuation of circumstances, which occurred on 30 December 2010, i.e. inner leakage on output pipeline of the reactor on the ammonia production facility, subsidiary UNPETROL RPA, s.r.o. announces Force Majeure for ammonia and urea customers pursuant to Section 374 of the Czech Commercial Code as it is unable to duly fulfil its obligations arising from contractual relationships with its business partners.
Continuation of difficulties on ammonia installation is estimated to last for at least additional two weeks if no additional defects are discovered, which could prolong the period.
As the agro installations, whose part the ammonia production facility is, are separate product lines and therefore has negligible impact on other petrochemical or refinery installations.
Reg. Announc. 1/2011
In Prague, on 17 January 2011
Investor Relations Department
Office: Na Pankraci 127, 140 00 Prague 4, Czech Republic
Tel.: +420 225 001 417
firstname.lastname@example.org | www.unipetrol.cz
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