PhosAgro to build AS plant

Moscow — PhosAgro said Dec. 8 that it has signed a contract for the design, delivery, and assembly of equipment for a new 300,000 mt/y ammonium sulfate production line at PhosAgro-Cherepovets with the German company GEA Messo P.T. PhosAgro subsidiary Mining and Chemical Engineering will do initial engineering and design work for the new production capacity. Messo said the AS line will use a crystallization process and will have the largest individual capacity in the world. PhosAgro said AS is an important component of NPK and NPKS fertilizers, including for niche products sold to premium markets. PhosAgro is currently the largest consumer of AS in Russia and purchases product from various chemical and metallurgical plants. The new line, expected to be up in 2017, is designed to make PhosAgro self-sufficient in AS. It will utilize sulfuric acid and ammonia produced at the Cherepovets site. Total investments, including project engineering work, delivery and assembly, are expected to amount to over RUB 2.7 billion. PhosAgro plans to finance the project with its own funds and through borrowings. The new facility will create 30 new jobs. Construction of the new the line is part of PhosAgro’s strategy to 2020, which includes development of the company’s resource base and processing facilities. Under this strategy, in addition to the AS, PhosAgro-Cherepovets will gain a new 760,000 mt/y ammonia production facility, a new 500,000 mt/y granulated urea line, as well as expanded complex fertilizer capacities. PhosAgro plans investments of over US$1.07 billion into developing its chemical production capacities.