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The CORPORATION will invest 700 million rubles in the production of mineral fertilizers
JSC "development Corporation of North Caucasus" intends to invest up to 700 million rubles in the project for the production of high quality mineral fertilizers, implemented by JSC "Hydrometallurgical plant" (Lermontov, Stavropol territory)
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The project involves the production of high quality water soluble mineral fertilizers used in greenhouses.

NCDC tentative plans to invest up to 700 million rubles for a period of 5 years by increasing the authorized capital of "Hydrometallurgical plant", the share of participation of the Corporation it is expected that no more than 49%.

The company plans to invest in the production of not less than 300 million rubles.

It is expected that when the design capacity in 2019, the proceeds of a new chemical production will be more than 1.7 billion rubles. The increase in production of several types of phosphate fertilizers will exceed 100 thousand tons per year, will expand the product range of the plant due to the start of production of ammonium sulfate (up to 48 thousand tons per year) and sodium fluoride (3.6 thousand tons per year).

Photo: kselu.ru



Translated by service "Yandex.Translation"
Источники: Интерфакс
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