Stavropol company became the first Russian producer of fertilizers for drip irrigation.
September 28 in the city of Lermontov, Stavropol Territory in the framework of the investment project of "Hydrometallurgical Plant" has launched a new type of industrial production of water-soluble phosphorus-potassium fertilizer — monopotassium phosphate (KH2PO4).
A feature of this type of fertilizer is that it can use in drip irrigation plants.
The investment project involves the expansion of production worth about 2.5 billion rubles. Leaders hydrometallurgical plant intends to increase the production of water-soluble phosphate fertilizer and aluminum-scandium master alloy, as well as to master the production of new products, including scandium and rare earth elements, which are highly regarded in the automotive, aerospace, defense and energy, agriculture and construction sector. The project will be in 2014.
Manufacturers have assured that the product quality meets state standards, and the production capacity to meet the needs of this product in the domestic market and offer it for export.
The project is included in the list of state guarantees on loans granted to investment projects on the territory of the North Caucasus Federal District. Guarantee amount — 1,000,000,000 180,900,000 rubles.