EuroChem on Sept. 2 announced that its subsidiary Phosphorit has commenced the construction of a new high-tech ammonia plant in Kingisepp, Russia. The project is the first of some five major projects the company expects to complete in the next 10 years EuroChem (GM April 20, p. 14).
The Kingisepp ammonia plant will have a design capacity of 1 million mt/y. In addition to the ammonia production facility, the project includes utilities and offsites, such as a warehouse for liquid ammonia. All Engineering, Procurement and Construction (EPC) work is expected to be completed within 36 months.
The company plans to invest approximately €900 million (US$1 billion) in the new project.
Commenting on the news, Dmitry Strezhnev, CEO of EuroChem, said: "We are pleased to have launched the construction of our new ammonia production facility in Kingisepp, which is expected to be brought online in 2018."
"This project is part of EuroChem’s broader strategy to improve our level of self-sufficiency through greater control over our own raw materials base. The additional volumes of ammonia from the Kingisepp facility will have a direct, positive effect, on the future efficiency and reliability of our fertilizer production. This will further strengthen our business, placing us at the forefront of global fertilizer production."