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# KuibyshevAzot will create new nitric acid and ammonium nitrate production

Publication Date: 2021-11-26T13:00:46-05:00
Last Updated: 2021-11-25T12:27:31-05:00

Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/)

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

![KuibyshevAzot will create new nitric acid and ammonium nitrate production](https://www.fertilizerdaily.com/wp-content/uploads/2021/11/КуйбышевАзот-scaled-1.jpg)

The project looks prospective.

The KuibyshevAzot plant (the city of Togliatti, Samara region) plans to implement a project to create a complex for the production of nitric acid and ammonium nitrate with a capacity of 1.575 and 2 thousand tons per day, respectively. Investments in its construction will amount to 18.3 billion rubles (approximately $245.5 million).

The project will be implemented by KuibyshevAzot’s subsidiary Nitrokom. 49% of its authorized capital will be acquired by the Vnesheconombank (VEB), which, together with Gazprombank, provided a syndicated loan of 15.2 billion rubles (approximately $203.7 million).

Tags: [ammonium nitrate](https://www.fertilizerdaily.com/tag/ammonium-nitrate/), [KuibyshevAzot](https://www.fertilizerdaily.com/tag/kuibyshevazot/), [nitric acid](https://www.fertilizerdaily.com/tag/nitric-acid/), [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/), [Samara Region](https://www.fertilizerdaily.com/tag/samara-region/)

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