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Investment Projects

Construction of a gas-tochemicals complex on the premises of Stavrolen

Company: Lukoil

Investment: $5-7 billion

Timeframe: 2024

Lukoil company plans to develop a project on construction of a gas-to-chemicals complex on the premises of Stavrolen. FID was adopted in February 2018. The commissioning is expected not earlier than 2024. The new facility will process gas coming from the Caspian fields named Rakushechnoye and Kuvykina. As informed earlier, the first phase of the complex would release carbamide, the second – polyethylene and polypropylene. The capacity of the plant is estimated at 2 million tonnes per annum. Project investment amounts to $5-7 billion.

Construction of an ammonia production complex Eurochem - North-West-2

Company: EuroChem

Investment: $1.5 billion

Timeframe: 2024

Within the project it is planned to build a complex for production of 1 million tonnes of ammonia, 1.2 million tonnes of carbamide. Overall investment is estimated at $1.5 billion. The construction of nitrogen facility could take 3-3,5 years, it is scheduled for commissioning in 2024. The construction will be executed through own and loan funds. The facilities will be built on the site, where the company launched the first plant for production of ammonia (1 million tonnes) in June 2019. Project contractor - Maire Tecnimont SpA.

Construction of a plant to produce mineral fertilisers on the premises of FKP Gorny

Timeframe: 2021-2025
Investment: 1,4bn $
Capacity: 1,3 mt of finished produce per annum  
Initiator: SPK Gorny (founder NPP Platech)
To date, the project is under engineering design. The plant will be located in Gorny village, Krasnopartizan district of the Saratov region.

Expansion of production capacities

Company: Kemerovo Azot
Investment: 1,2 billion euros
Timeframe: 2026

Kemerovo Azot plans to expand production capacity significantly. According to preliminary estimates, project implementation will increase production by an additional 3.5 thousand tons of ammonia per day (so much is produced by Azot currently at two Ammonia plants) and 4 thousand tons of urea per day (now 1.8 thousand tons is produced). It is also planned to build another AK-500 nitric acid unit with the additional 620 tons per day of ammonium nitrate.

Establishment of a chemical cluster

Company: Khimprom (Industrial Technologies)

Investment: 50 billion RUB

Timeframe: 2024

This large-scale investment project on the premises of Khimprom will be developed phase by phase. Phase 1 started in 2020. It implies commissioning of the largest Russian methanol production – over 1 million tonnes per annum. Mitsubishi Heavy Industries designs the project. NIIK will customize project documentation. In spring 2021, EPC contract will be signed. Turn-key contractor will be selected. Feasibility phase has been completed. Documents are being prepared for the State Expertise. Engineering surveying is in progress. Project completion is scheduled for 2024.

Establishnment of complex fertilisers production in Turkmenistan

Initiator: Turkmenkhimiya Group

Investment: —

Timeframe: —

Within the programme on increasing chemical potential of the country, a series of agreements were signed between Turkmekhimiya and foreign companies. In early 2019, the national concern Turkmenkhimiya announced the start of an international tender on design and turn-key construction of a unit for production of complex mineral fertilisers. Construction of Production of fertilisers in Turkmenistan the unit is planned to take place in the Turkmenabat Chemical Plant in the Lebapsky district. Besides, the international tenders were announced on selection of contractors for design and construction of a facility for production of granular ammonia sulphate and a facility to produce nitrogen-sulphate fertiliser Urea-ES at the plant Tedzhencarbamide. Turkmenkhimiya and Thyssenkrupp Industrial Solutions agreed on understanding in execution of repair and rehabilitation works for Tedzhencarbamide to reach its nameplate TURKMENISTAN capacity. Turkemenkhimiya, Turkish GAP Insaat, and Thyssenkrupp Industrial Solutions concluded a MoU on the project for construction of a chemical complex in the city of Mary. The document confirms the intentions of the parties to build facilities for production of ammonia, carbamide, nitric acid, and ammonia nitrate.

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