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CIS GAS MONETISATION

09 – 10 April 2019   |   Moscow, Russia

Eurochem will launch ammonia production in June 2019

Posted by GBC on 20.02.2019

Source : RUPEC

Aleksandr Lukin – Advisor to General Director and Anastasiya Kozhevnikova – Corporate Finance Manager from Eurochem will attend the CIS Gas Monetization conference on 9-10 of April. Prices and registration

EuroChem will launch a new ammonia production on the territory of the Phosphorit industrial group in Kingisepp (Leningrad Region) in the summer of 2019. The volume of investments in the creation of the plant is more than $ 1.2 billion, the press service of the regional administration said.

The production capacity will be about 2.7 thousand tons per day or 1 million tons of commercial ammonia per year.

“The new plant will be the largest ammonia producer in Russia. Thus, Kingisepp is becoming one of the Russian chemical industry centres, which is importantly export-oriented,” said Alexander Drozdenko, governor of the Leningrad Region.

The construction of the ammonia plant began in the third quarter of 2015. The general contractor is the Maire Tecnimont Group. The project provides for the construction of an ammonia synthesis plant, a liquid ammonia storage facility, the creation of infrastructure and logistics facilities.

The project received all the necessary expert opinions and permits in accordance with the requirements of the legislation of the Russian Federation, and also passed international expertise in environmental, social environment and industrial safety issues, having received positive opinions.

EuroChem specializes in extraction of minerals and hydrocarbons, production, logistics and distribution of fertilizers. The group develops two large deposits of potash salts in Russia as part of the EuroChem-VolgaKali and Usolsky Potash Combine projects. The head office is located in Zug (Switzerland). Production sites and distribution network are located in Belgium, China, Kazakhstan, Lithuania, the USA and Russia.

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