MOSCOW TIME: 23.05.2018 02:30:45

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Italians to invest EUR 1.2 billion to upgrade Kuzbass Plant

Italians to invest EUR 1.2 billion to upgrade Kuzbass Plant

Azot, a major mineral fertilizers plant located in Kemerovo, is going to be upgraded. Indeed, it is going to be a newly constructed facility.



Italians to invest EUR 1.2 billion to upgrade Kuzbass Plant


Azot, a major mineral fertilizers plant located in Kemerovo, is going to be upgraded. Indeed, it is going to be a newly constructed facility.


The investor has already been named. This is going to be Tecnimont Codest International (Italy) which is ready to allocate more than EUR 1.2 billion for the construction.


An appropriate agreement will be executed with the Italians at the St. Petersburg International Economic Forum. Construction operations are going to commence in 4Q 2017.


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