URALCHEM has invested two billion rubles in its subsidiary Azot

11.12.2012 — News

PERM TERRITORY

In 2012, Azot, the Berezniki-based subsidiary of the United Chemical Company URALCHEM, OJSC, was the recipient of a two-billion-ruble investment program. This will enable the company to increase its production, stabilize the work of its main units, and reduce any harmful impact on the environment.

The subsidiary's press office told RusBusinessNews that the bulk of the work has been completed to modernize the production of ammonia and carbamide. Updates were also made to the water cycle in the ammonia and nitric-acid divisions, and the heat-exchange equipment was replaced.

UCC URALCHEM, OJSC is one of the largest companies serving the nitrogen and phosphate-fertilizer market in Russia and the CIS. Its subsidiaries produce over 2.5 million tons of ammonium nitrate, 2.8 million tons of ammonia, 0.8 million tons of monoammonium and diammonium phosphates, 0.8 million tons of compound fertilizers, and 1.2 million tons of carbamide every year.