Construction of new nitrogen fertilizer production facility at Grodno Azot to begin in 2020 – Lukashenko
<p> MINSK, Jun 16 - PrimePress. The construction of a new nitrogen fertilizer production facility at Grodno Azot OJSC will begin in 2020. The cost of the project stands at €1.278 billion, President of Belarus Alexander Lukashenko said during his visit to Grodno Azot on June 16, the presidential press office reports. </p> <p> </p> <p> “This will be a plant that will produce commodities that find a quick sale, as the director says. We will begin [the construction] this year, I think,” Lukashenko said. </p> <p> </p> <p> As reported, the investment project on the construction of the nitrogen fertilizer production facility at Grodno Azot has been executed since 2018. Belneftekhim Chairman Andrei Rybakov said in May 2020 that the general contractor, Tecnimont SpA (Italy), would complete the whole range of works in the form of an Engineering, Procurement and Construction contract (turnkey). </p> <p> </p> <p> The cost of the project is estimated at €1.278 billion euros. Backed by Tecnimont S.p.A, Belneftekhim has held a series of meetings with export credit agents to secure project financing. Commissioning of the complex is planned for 2025. As a result, Grodno Azot will double its carbamide production capacity and boost its export. Gas consumption will thus decrease by nearly 15% and energy consumption by 20%. </p> <p> </p> <p> The Grodno Azot has been operating since 1963. It was transformed into a joint-stock company in 2002. Khimvolokno OJSC was incorporated into the company in October 2011. Annual output of liquid technical ammonia totals 976,800 tonnes, carbamide – 945,000 tonnes, liquid nitrogen fertilizers – 720 tonnes, ammonium sulfate – 319,000 tonnes, industrial methanol – 80,000 tonnes, caprolactam – 121,200 tonnes, crystalline hydroxylamine sulfate – 3,300 tonnes, fatty acid methyl esters (biofuel) – 40,000 tonnes, highest quality carbon dioxide – 24,000 tonnes. End </p> <p> </p>
2020-06-17
Primepress
Construction of new nitrogen fertilizer production facility at Grodno Azot to begin in 2020 – Lukashenko
MINSK, Jun 16 - PrimePress. The construction of a new nitrogen fertilizer production facility at Grodno Azot OJSC will begin in 2020. The cost of the project stands at €1.278 billion, President of Belarus Alexander Lukashenko said during his visit to Grodno Azot on June 16, the presidential press office reports.
“This will be a plant that will produce commodities that find a quick sale, as the director says. We will begin [the construction] this year, I think,” Lukashenko said.
As reported, the investment project on the construction of the nitrogen fertilizer production facility at Grodno Azot has been executed since 2018. Belneftekhim Chairman Andrei Rybakov said in May 2020 that the general contractor, Tecnimont SpA (Italy), would complete the whole range of works in the form of an Engineering, Procurement and Construction contract (turnkey).
The cost of the project is estimated at €1.278 billion euros. Backed by Tecnimont S.p.A, Belneftekhim has held a series of meetings with export credit agents to secure project financing. Commissioning of the complex is planned for 2025. As a result, Grodno Azot will double its carbamide production capacity and boost its export. Gas consumption will thus decrease by nearly 15% and energy consumption by 20%.
The Grodno Azot has been operating since 1963. It was transformed into a joint-stock company in 2002. Khimvolokno OJSC was incorporated into the company in October 2011. Annual output of liquid technical ammonia totals 976,800 tonnes, carbamide – 945,000 tonnes, liquid nitrogen fertilizers – 720 tonnes, ammonium sulfate – 319,000 tonnes, industrial methanol – 80,000 tonnes, caprolactam – 121,200 tonnes, crystalline hydroxylamine sulfate – 3,300 tonnes, fatty acid methyl esters (biofuel) – 40,000 tonnes, highest quality carbon dioxide – 24,000 tonnes. End