Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant.
The new facility will produce 1,200 tons of acid a day.
Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde GmbH (Dortmund) won a tender to produce design specifications and estimates for the project and supply the equipment.
The new facility will enable Grodno Azot to increase the capacity to manufacture carbamide-ammoniac compound by 60% to 1.2 million tons from 750,000 tons at the moment. Moreover, Grodno Azot will cut the cost of producing 1 ton of carbamide-ammoniac compound by $25.
OAO Grodno Azot is due to implement 12 production upgrade projects in the framework of a long-term investment program (2011-2020) with a $1.2 billion budget.
Grodno Azot was set up in 1963 and transformed into an open joint-stock company in 2002. The Belarusian government holds a 99.97% stake.
Grodno Azot is Belarus’ main producer of liquid ammonia, nitrogen fertilizers, methanol, caprolactam, biodiesel fuel. (Prime-TASS/Business World Magazine)