TOAZ Urea Plant No. 3 Obtains an Approval by the Glavgosexpertiza of Russia
TOAZ PJSC (Togliattiazot), one of the principal employers of Togliatti, the largest urea supplier to the Russian market and one of the main ammonia manufacturers in Russia, continues construction of the third urea plant, constituting one of the key investment projects of the Russian chemical industry.
According to the TOAZ urea plant No. 3 construction office, an approval was obtained on 21 July 2020 upon a repeated state examination. It was held following amendments introduced into the design documentation for the plant.
Previously, the urea plant No. 3 project with the said amendments was approved by the state environmental examination panel. For the next project stage, the Ministry of Construction of the Samara Region should amend the permit for construction of the new TOAZ production facility with regard to the recent adjustments.
Currently, appr. 24% of all construction works at the new production facility are completed.
PJSC TOAZ has received a letter from the lawyers of its majority shareholders informing of the decisions that the High Court of Ireland had taken within the case that involved PJSC TOAZ shareholders and is being heard by the Court. In order to inform the public, we publish the bullet points from the letter.
TOAZ PJSC continues construction of the third urea plant, constituting one of the key investment projects of the Russian chemical industry.
Togliattiazot (PJSC TOAZ), the largest supplier of urea in the Russian market and one of the main producers of ammonia in Russia, summed up the results of the first six months of 2020.