Linde to Build Large Ammonia Plant in Russia
28.05.2013 -
The technology company Linde has formed a joint venture with chemical company JSC KuibyshevAzot to build and operate a large ammonia plant at the Togliatti site in Russia's Samara region. Both partners signed an agreement to this effect on 27 May 2013. The deal will involve a total investment volume of around €275 million. Both companies have an equal stake in the newly formed venture, Linde Nitrogen Togliatti.
The Engineering Division of The Linde Group will construct the new, on-site plant. The plant will have a production capacity of 1,340 tons of ammonia per day (tpd). Construction work is scheduled for completion in 2016.
JSC KuibyshevAzot, one of the biggest chemical companies in Russia, plans to expand Togliatti production capacity for caprolactam - a precursor of polyamide plastics - and nitrogen fertilizers. It will need a rising stream of ammonia to support these growth plans.