Business Mir. Japan’s Mitsubishi Heavy Industries has been contracted to build a $1.6-billion nitrogen fertilizer plant in Mendeleyevsk, Tatarstan capable of producing ammonia, granular urea and methanol concurrently. The new plant will be one of the world’s largest plants capable of concurrently producing ammonia and methanol from natural gas.
The plant will have the capacity to produce 717,000 metric tons of ammonia annually, 230,000 tons of methanol, 717,000 tons of urea and 380,000 tons of ammonium nitrate.
The plant will go on stream in 2015, Tatarstan Minister of Construction, Architecture and Housing and Utilities Irek Faizullin said. The project is expected to return investment in six or seven years.
The technology to be used for building the plant has been developed by the Danish company Haldor Topsoe. Tatgazinvest, Gazprom’s operator in Tatarstan, will supply natural gas to feed the plant.