Russia and India sign deal to build urea plant in Russia

National Fertilizers

05/12/2025 10:55

Dec 5 (Reuters) - Russia's top potash and ammonium nitrate producer Uralchem and three Indian firms - Rashtriya Chemicals and Fertilizers, National Fertilizers, and Indian Potash - signed a memorandum of understanding to set up a joint venture to build a urea plant in Russia, the Indian government and Uralchem said on Friday.

The plant is expected to have an annual capacity of 1.8–2 million tonnes, Uralchem said in a statement.

The joint venture will be based on the supply of ammonia from Russia's Togliattiazot plant, with the Indian companies financing the project until the plant begins commercial operations, Uralchem added.

 (Reporting by Anastasiya Lyrchikova; Writing by Gleb Stolyarov; Editing by)

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