The decommissioning of the electrolysis plant at Sable Chemical Industries has enabled the firm to make huge cuts on its electricity bills saving up to $1.8 million per month, a development that is expected to further boost performance in productivity.
The electrolysis plant which had exceeded its lifespan having been set up in 1972 was one of the major cost drivers which was draining the coffers of the company as the firm was settling at least $2 million in electricity bills every month, according to Sable Chemical Industries managing director Mr Bothwell Nyajeka.
Decommissioning this plant and moving to import ammonia from South Africa which is then processed at an ammonium nitrate manufacturing plant at the firm’s premises in Kwekwe has not only led to huge cuts on the consumption of electricity but has also saved the company millions of dollars.
Speaking on the sidelines of a tour of the plant by the Parliamentary Portfolio Committee on Lands and Agriculture, the managing director at the company noted they are now looking at improving their production output within the next 36 months.
The Chairperson of the Parliamentary Portfolio Committee on Lands and Agriculture Cde Justice Mayor Wadyajena highlighted the strategic importance of Sable Chemical Industries in the agriculture value chain stating that they will identify ways of addressing some of the bottlenecks which the company is facing to achieve maximum potential.
While the company has made good of the initiative to import ammonia from South Africa, in the long term they are focusing at adopting coal bed methane (CBM) for the production.
Feasibility studies to this effect have been conducted, however, this is a process that will require serious investment for it to achieve the desired outcome.