Acron Group, Moscow, has approved a project to build a new ammonia and urea complex at its Veliky Novgorod production site in northwest Russia, according to an Interfax report.
On completion, the complex will be Europe’s largest for the production of ammonia and urea, according to the report, citing the Russian fertilizer group. Planned ammonia production capacity is put at around 1 million mt/y. The project’s estimated cost is put at $1.5 billion.