New investment agreement

The Investment Development Agency of the Republic of Tatarstan has concluded an investment agreement with Ammonium 2 LLC.

The subject of the agreement is the implementation of a large-scale investment project "Construction of a complex for the production of ammonia and carbamide" on the territory of the Mendeleevsky municipal district of the Republic of Tatarstan.

The project provides for the construction of a chemical complex for the production of ammonia with a capacity of 1,225 thousand tons per year, granulated urea with a capacity of 1,750 thousand tons per year and KFK-85 (urea-formaldehyde concentrate) - 30 thousand tons per year.

At the same time, commercial products will be: ammonia - up to 240 thousand tons per year, granular urea - up to 1,750 thousand tons per year and KFC-85 up to 15 thousand tons per year.

Taliya Minullina: "The site of the project was chosen to be the territory directly adjacent to the existing production of Ammonium JSC in Mendeleevsky municipal district, Republic of Tatarstan, thereby achieving a high economic effect from the synergy of two production complexes of the Azot Group of Companies."