Russia and India sign deal to build urea plant in Russia
12/5/2025 9:00:00 AM
Russia's top potash and ammonium nitrate producer Uralchem and three Indian firms - Rashtriya Chemicals and Fertilizers, National Fertilizers, and Indian Potash - signed a memorandum of understanding to set up a joint venture to build a urea plant in Russia, the Indian government and Uralchem said on Friday.
The plant is expected to have an annual capacity of 1.8 MMtpy–2 MMtpy, Uralchem said in a statement.
The joint venture will be based on the supply of ammonia from Russia's Togliattiazot plant, with the Indian companies financing the project until the plant begins commercial operations, Uralchem added.
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