---

**IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20210609-eurochem-gets-a-credit-to-build-the-new-ammonia-and-carbamide-plant/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page.

---

# EuroChem gets a credit to build the new ammonia and carbamide plant

Publication Date: 2021-06-09T15:00:04-04:00
Last Updated: 2021-06-08T20:38:56-04:00

Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![EuroChem gets a credit to build the new ammonia and carbamide plant](https://www.fertilizerdaily.com/wp-content/uploads/2021/06/money-close-up-cash-currency-coin-coins-1051266-pxhere.com_.jpg)

The cash pile has been prepared.

EuroChem and a consortium of Russian banks have signed a set of loan and collateral documents for the construction of the new ammonia and carbamide plant.

The syndicated loan, organized by VEB and Sber, will be about 100 billion rubles (approximately $1.37 billion), excluding the optional tranche of VEB to cover interest and increase the project budget with a total amount of about 123 billion rubles (approximately $1.69 billion). The first loan funds of 27 billion rubles (about $371 million) will be sent shortly.

The capacity of the future enterprise will be 1.1 million tons of ammonia and 1.4 million tons of carbamide per year with the scheduled commissioning in 2024.

Tags: [ammonia](https://www.fertilizerdaily.com/tag/ammonia/), [carbamide](https://www.fertilizerdaily.com/tag/carbamide/), [EuroChem](https://www.fertilizerdaily.com/tag/eurochem/), [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/)

---

**About Fertilizer Daily:**

Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales.

We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.