Skip to content
  • Professionals
  • Gardeners
 
Search
Log in
EN
RU
  • Markets
  • Business
  • Politics
  • Technologies
  • Interviews
  • Rankings
  • Environment
  • Events
  • Stock Quotes
  • Business Directory
Trending topic:

Artificial intelligence

Featured company:
 
RU
  • Professionals
  • Gardeners
Sections
Events
Stock Quotes
Business Directory
Trending topic:

Artificial intelligence

Featured company:
Follow us...
Helpful information
  • About
  • Team
  • Advertise
  • Contacts
  • Submit a Tip
  • Privacy Policy
  • Terms of Service
Sections
Seasonal tips
  • Spring
  • Summer
  • Autumn
  • Winter
Trending topics
  • compost
    19
  • garlic
    2
  • lemon
    1
  • potato
    12
Follow us...
Helpful information
  • About
  • Team
  • Advertise
  • Contacts
  • Submit a Tip
  • Privacy Policy
  • Terms of Service
Copyright © 2014-2025 DigitalTree LLC. All rights reserved.
We deliver content lightning-fast thanks to the managed cloud WordPress hosting with CDN.
16+

Active construction of EuroChem Northwest-2 has started

Kirill Shakin avatar Kirill Shakin
September 10, 2021, 4:00 pm
September 10, 2021, 4:00 pm
1,411
Business
Markets
Active construction of EuroChem Northwest-2 has started
Save for later
Share

EuroChem held a solemn ceremony of the start of the active construction of the EuroChem Northwest-2 plant (Kingisepp, Leningrad region). It was attended by the Governor of the Leningrad region Alexander Drozdenko and Chairman of the Board of Directors of EuroChem Igor Nechaev.

The capacity of the EuroChem Northwest-2 plant will be 1.1 million tons of ammonia and 1.4 million tons of carbamide per year. The output of the first products and achievement of designed capacity is planned for 2023.

“EuroChem today and twenty years ago differs not only in capacity but in the culture of production and the used technologies. Today’s company is a modern production facility with the strictest environmental standards. We work with EuroChem as one well-coordinated team and have good credit of trust to each other. These relations are an example, which we follow while cooperating with other major investors in the region,” said Alexander Drozdenko.

“The EuroChem Northwest-2 project is the second stage of the development of the EuroChem industrial site in the city of Kingisepp. In June 2019, within the framework of the St. Petersburg International Economic Forum, we launched an ammonia plant,” noted Igor Nechaev. “During the construction of new facilities, we apply best available technologies to ensure efficient processing of raw materials and cyclical use of resources. The implementation of the new project will significantly strengthen the positions of EuroChem and Russia as a whole in the world carbamide and ammonia market.”

ADVERTISEMENT

The project requires financing of about 100 billion rubles (about $1.4 billion). VEB, Sberbank, VTB Bank, Gazprombank, and Otkritie Bank have already provided EuroChem with 33 billion rubles (approximately $451.7 million), of which 22 billion rubles (approximately $301 million) are funds of the VEB Development Institute. This money is mainly used to finance costs under the EPC contracts, confirming the completion of construction on time.

EuroChem Northwest-2 will help to deepen the processing of natural gas in Russia, create over 400 new jobs with competitive wages, increase the annual non-energy exports of Russia by $0.4 billion per year, and additional budget revenues, which will significantly contribute to the development of the Leningrad region.

The production facilities of carbamide and ammonia have a closed system of water circulation, which will allow using water of any quality in the technological process many times, excluding the appearance of wastewater. This system will also allow using wastewater from the nearby operating enterprises, which will have a beneficial effect on the ecosystem of the local Luga river and the basin of the Gulf of Finland as a whole.

ammonia
carbamide
EuroChem
Leningrad Oblast
nitrogen fertilizers

Enjoyed this story?

Every Monday, our subscribers get their hands on a digest of the most trending agriculture news. You can join them too!

Sign me up
Check the example

Discussion0 comments

Спасибо за комментарий, он будет опубликован на сайте после проверки модератором. Хотите, чтобы ваши комментарии появлялись на сайте мгновенно? Достаточно пройти регистрацию.
Congratulations, you can be the first to start the conversation.
Do you have a question or suggestion? Please leave your comment to ignite conversation.
What’s on your mind?
Cancel Log in and comment
Or continue without registration
Get notified about new comments by email.
Advertisement
In focus
  • AgroThrive Organic Fertilizer
    Premium organic bio-fertilizer formulated to provide both nutrient supply and stimulation of soil microbes.
  • Droplex Xtra
    Superior adjuvant that is the ultimate spreader-sticker, canopy-penetrating, drift management product on the market
  • Hydra Charge™ Biosolid Fertilizer Plus Surfactant
    Professional-grade biosolid lawn fertilizer with two complementary surfactants which aides in the penetration of water into the soil and the retention of water.
How to get here?
Stock quotes
Bayer
7.95
1.61
Bayer Crop Science
27.67
1.07
CF Industries
92.63
0.92
Corteva Agriscience
73.05
0.16
ICL Group
6.87
1.78
Intrepid Potash
34.08
2.31
Mosaic
36.24
2.75
Nutrien
60.01
2.9
Yara International
18.67
0.27
See all
Most read
Oleg Shiryaev steps down as CEO of EuroChem
Oleg Shiryaev steps down as CEO of EuroChem
Syngenta’s Jeff Rowe: ‘We want to become the most profitable agrochemical company in the world’
Syngenta’s Jeff Rowe: ‘We want to become the most profitable agrochemical company in the world’
Russia targets doubling agricultural exports to China by 2030
Russia targets doubling agricultural exports to China by 2030
Nufarm reenters Brazilian market with innovation-focused strategy
Nufarm reenters Brazilian market with innovation-focused strategy
ADM and PYCO to combine Texas cottonseed facilities
ADM and PYCO to combine Texas cottonseed facilities
Events
Southwestern Fertilizer Conference
Nashville (TN), USA
Jul 13 — 17, 2025
Agronomy Conference and Expo
Indianapolis (IN), USA
Aug 4 — 6, 2025
AgriBusiness Global Trade Summit
Lake Buena Vista (FL), USA
Aug 5 — 6, 2025
Farm Progress Show
Decatur (IL), USA
Aug 26 — 28, 2025
World Fertilizer Conference
Washington (DC), USA
Sep 15 — 17, 2025
See all
Live
Selena Hampton
May 15, 07:17 am
The topics covered here are always so interesting and unique Thank you for keeping me informed and entertained!
Four Growers develops robots to address greenhouse labor shortages
Lukas Dunn
May 15, 07:15 am
This is exactly what I needed to read today Your words have provided me with much-needed reassurance and comfort
Israeli startup Tevel revolutionizes fruit harvesting with flying autonomous robots
Patonkas Luksompulus
January 21, 12:36 pm
Greece meeds biological fertilizers! Great news about De sangosse.
DE SANGOSSE expands operations with Greek subsidiary
Pedro Diaz
November 20, 2024, 08:42 pm
Is it a Roundup lawsuit or more about bad financials? I think the market reacted only to announced financial results.
Bayer’s shares are pressed down by ongoing Roundup cancer lawsuit
Johan Fredin
August 22, 2024, 07:57 pm
Europe is falling behind in this field. The concerns 30 years ago was reasonable. Now not so much. We need crops that can survive in a more extreme future climate. Handle droughts and hot weather better. Crops that are less tasty to pests like hogs and deere.
Gene-edited crops set for groundbreaking European trials
About
Sections
Markets  ·  Business  ·  Politics  ·  Technologies  ·  Interviews  ·  Rankings  ·  Environment
Support
About  ·  Team  ·  Advertise  ·  Contacts  ·  Submit a Tip  ·  Privacy Policy  ·  Terms of Service
Copyright © 2014-2025 DigitalTree LLC. All rights reserved.
We deliver content lightning-fast thanks to the managed cloud WordPress hosting with CDN.
16+
More to read
EuroChem Northwest-2 will receive state financing
EuroChem Northwest-2 will receive state financing
EuroChem plans to create a new production complex
EuroChem plans to create a new production complex
EuroChem will sign a special investment contract to build the new plant
EuroChem will sign a special investment contract to build the new plant
Advertising that helps us do quality reporting