Shchekinoazot and China National Chemical Engineering CO. Ltd (CNCEC) signed a contract for the design, purchase of equipment and construction (EPC) of the ammonia and urea production complex. The licensors’ contracts with Haldor Topsoe, Stamicarbon and CNCEC were also signed, the press service of the company reports.
The capacity of the new production will be 525 thousand tons of ammonia and 700 thousand tons of urea per year.
An agreement on financing the project with a budget of $ 550 million was previously concluded with Gazprombank. The planned financing period is no more than 10 years. Within the framework of the credit line, separate tranches will be allocated in accordance with individual targeted use.
At the moment, the company’s specialists are conducting a preliminary design, technical and commercial study of the ammonia-urea project. In addition, a strategy is being worked out for entering the mineral fertilizer market. The new production complex can be placed on the territory of the Efremov branch of Shchekinoazot. Now the issues of providing the future complex with the necessary infrastructure are being considered.
“All modern technologies are approximately at the same level in terms of the degree of use of raw materials, they are distinguished by various hardware design solutions. It has already been decided, that fluidized bed machines will be used, which are characterized by simplicity of the device, reliability and ease of automation. When using these machines, the granules of the product are three times harder that usually”, the company says.
In 2018, a group of specialists was assembled who are working on a small urea and ammonia plant at the main site of the company.
Recently it became known about the plans of Shchekinoazot to create a gas-chemical cluster worth over $2 billion in the Efremov. The mono-town provides for the construction of high-tech installations for the production of monoethylene glycol, acetylene, polyvinyl chloride, ammonia, urea, methanol and other products. The capacity of new enterprises for the production of industrial gases, alcohols and plastics will amount to 2.4 million tons of products per year.
Shchekinoazot is also implementing a project to launch nitric acid and ammonium nitrate units with a capacity of 270 and 340 thousand tons, respectively. Production is supposed to be placed on the operating Shchekinoazot site. Ammonia will be supplied from the A / M complex, which was commissioned in September 2018.
Another project in the company’s investment program is the production of methanol at 500 thousand tons per year. The start of the project was officially given in September. In October, the documentation has received a positive opinion from the Glavgosexpertiza.