Skip to main content

Nitrogen+Syngas 399 Jan-Feb 2026

26 January 2026

MoU on new urea plant

RUSSIA

MoU on new urea plant

Uralchem JSC and three Indian fertiliser companies; Rashtriya Chemicals and Fertilizers Ltd (RCF), National Fertilizers Ltd (NFL), and Indian Potash Ltd (IPL) have signed a memorandum of understanding to set up a joint venture to construct a urea plant in Russia. The signing ceremony was held in New Delhi in December during a state visit by Russian president Vladimir Putin to India.

The capacity of the urea plant is expected to be in the range of 1.8-2.0 million t/a, with the agreed basis for the joint venture being a supply of ammonia from Togliattiazot JSC and the financing of the project by the Indian companies until the commencement of the plant’s commercial operation. The technical parameters and financial viability of the project are currently under detailed examination. The parties are also negotiating the corporate structure and governance approach in respect of the joint venture.

Dmitry Konyaev, Uralchem CEO said: “India is a leading agricultural player globally and also one of the world’s biggest consumers of mineral fertilisers. For Uralchem Group, India has historically been a strategic market, and we are committed to expanding and deepening our cooperation with Indian partners. We welcome this memorandum, which is another step in the continuous development of our long-term and mutually beneficial relations.”

Latest in Agricultural

Proton Ventures joins Barents Clean Ammonia project

Barents Blue AS has announced Proton Ventures as a new partner in the Barents Clean Ammonia Project (project formerly known as the Barents Blue project). Barents Blue says that the Dutch engineering and project development company, a pioneer in the clean ammonia industry, “will bring significant resources and industry expertise to the project and the value chain for clean ammonia, important for the realisation of Europe’s largest clean ammonia production plant located in Finnmark, Northern Norway”.

World’s largest integrated green hydrogen-ammonia-methanol project

The first 320 MW phase of what China Energy Engineering Corporation Ltd says will ultimately become the world’s largest integrated green hydrogen-ammonia-methanol project HyFlow has officially begun operation in Songyuan City in Jilin Province. With a total investment of nearly $4.30 billion, the Songyuan project uses a “wind-solarhydrogen-ammonia-methanol” integration model, creating an industrial chain that includes hydrogen production and storage, as well as hydrogen-derived chemicals such as ammonia and methanol, hydrogen energy equipment, and scientific research. The project eventually plans to develop 3 GW of renewable energy capacity from wind and solar power, alongside a target production capacity of 800,000 t/a of green ammonia and methanol. The annual production of green hydrogen in the project’s first phase is expected to be equivalent to approximately one-fifth of China’s current total annual green hydrogen production.