Togliattiazot ammonia output has reached nearly 3.1 million tons
At the end of 2019, Togliattiazot produced 3.019 million tons of ammonia (2.754 million tons in 2018), the largest result in the entire 40-year history of the enterprise.
In addition, Togliattiazot increased its urea output by almost 19% to 784.6 thousand tons (659 thousand tons in 2018), hitting the company’s twelve-year high.
Togliattiazot managed to achieve such results by the aid of a large-scale investment program aimed at modernizing existing facilities and creating new ones, carried out since 2012. During this time, Togliattiazot have invested more than 47.5 billion rubles (more than $ 749 million) in updating and developing production.
“In the coming year, we will continue the construction of the third urea unit, modernization and technical re-equipment of existing units in order to ensure their stable and uninterrupted operation. The Board of Directors has set a goal to increase ammonia production to 4.15 million tons, and I’m sure that Togliattiazot will be able to confidently move towards it, maintaining leadership in the Russian market and strengthening its position in the world,” said Dmitry Mezheedov, CEO of Togliattiazot.