PhosAgro is planning a large-scale project
![PhosAgro is planning a large-scale project](https://www.fertilizerdaily.com/wp-content/uploads/2021/11/ecd0467940c06f01a4e9066be55c5c0d-875x490.jpg)
By 2025, PhosAgro will commission two new units at the Apatit plant (Cherepovets, Vologda region) for the production of ammonia and carbamide with a capacity of a million tons per year each.
“I confirm that we’ve decided to build a new ammonia unit and a unit for the production of granulated carbamide,” said PhosAgro CEO Andrey Guryev.
Investments in the project are estimated at more than 100 billion rubles (approximately $1.34 billion).
“I assume that we may start construction next year and receive the first products at the end of 2025,” said Andrey Guryev.
PhosAgro is one of the leaders in the production and supply of mineral fertilizers. Fertilizer Daily believes that the implementation of this project will allow the company to strengthen its positions in both the domestic and global nitrogen fertilizer markets.
Source: TASS
![](https://www.fertilizerdaily.com/wp-content/themes/fertilizer-en/dist/img/blank.png)
Enjoyed this story?
Every Monday, our subscribers get their hands on a digest of the most trending agriculture news. You can join them too!
Exciting times in Oryza! Our new platform is set to transform agriculture, bringing real change to farmers' lives. I am proud to be a part of Oryza's mission to transform agriculture with technology, empower farmers and drive sustainability. I strongly believe our focus on innovation and collaboration is key to the future of agriculture.
Discussion0 comments