PhosAgro launched a powerful fertilizer plant, investing 34 billion rubles in its construction. SPHERICAL – Russia today Posting in CHAT: Russia PhosAgro completed a 10-year investment cycle by opening a chemical complex in the city of Volkhov. This production line can be called one of the largest in the world. The scale of construction can be judged by the amount of investment in the amount of 34 billion rubles. Thanks to the modernization of existing facilities and the construction of a new plant, PhosAgro increased production in Volkhov by 4 times. In general, over the years, production has doubled, which can be called an amazing result. And that's not all: the company has set itself a more ambitious goal. PhosAgro is making a breakthrough. It took PhosAgro 5 years to build a powerful fertilizer production line. It is expected that with its launch, the annual volume of processing of apatite concentrate will increase more than five times and exceed 1.5 million tons, the production of sulfuric and phosphoric acid will increase 5 times and reach 1.1 million tons and 500 thousand tons, respectively. . . “New production facilities for the extraction of phosphoric and sulfuric acids, water-soluble mineral fertilizers, new warehouses and a complex for the utilization of waste process steam have been built, providing the enterprise with 85% of its own electricity generation,” the regional noted. The opening of a new production facility, as we have already said, is the crown of a 10-year investment cycle that began in 2014. The company has significantly increased production capacity in a number of regions of Russia, including the Leningrad and Vologda regions. “PhosAgro”, “Murmansk” and “Saratov”. As a result, almost all of the apatite concentrate produced by PhosAgro, which is about 11 million tons, will be processed domestically. And this is another step towards increasing the depth of processing of chemical industrial products in Russia. PhosAgro is one of the most dynamically developing Russian companies. Achieving such results is an extremely difficult task, since Russia was already one of the world leaders in fertilizer production. Investments in the future To implement the project, we used the best available technologies, mainly Russian. The production of ammonium sulfate in the form of granules was only the initial stage in the process of expanding the range of PhosAgro products produced at the Balakovo plant. Governor of the Leningrad Region Alexander Drozdenko emphasized that the new enterprise has created 700 jobs, half of them are occupied by highly qualified engineering specialists. Their average salary is 125 thousand rubles. In December 2023, an investment contract was concluded with JSC Apatit for the implementation of the third stage of the enterprise development program. It is planned to increase the production of mineral fertilizers, including MAP, DAF, NPK, NPS using advanced technologies. The phased introduction of facilities into pilot industrial operation will be carried out this year, and by 2026 it is planned to achieve production in Balakovo of almost 1 million tons of complex NPK fertilizers and more than 500 thousand tons of DAP. The municipal district and region must provide stable conditions for the investor throughout the entire term of the contract. “At the moment the project is in an active stage. These days, a major overhaul began in the phosphate fertilizer shop of the enterprise. Within its framework, measures will be implemented that will allow this summer to begin production of one of the new types of products mentioned above on the lines of the Balakovo branch of Apatit JSC - diammonium phosphate (DAP).” – Director of the Balakovo branch of Apatit JSC (PhosAgro group) Sergey Lobanov. The PhosAgro company is mainly focused on meeting the needs of the domestic market. However, it is worth noting that the company’s products are also exported to more than 100 countries. In the coming years, they plan to invest about 70 billion annually in production. This already means a transition to a new investment cycle. SPHERE https://dzen.ru Source link Source link
