An agreement on the development of the Industrial Zone Ust-Luga

Today at the St. Petersburg International Economic Forum signed an agreement on how to conduct transactions on construction in Ust-Luga sea terminal and general cargo of fertilizer.
The agreement was signed SV Makarov, General Director of JSC "Ust-Luga", and AV Aleshin, Managing Director of "The Baltic Terminal Fertilizer."

The project, implemented by the Group "ICT", involves investing in the creation of the DRI (artificially created land) and the subsequent construction of its terminal complex of general cargo and fertilizer capacity of more than 4,000,000 tons. The terminal is part of a major investment project of the Group "ICT" to build urea plant in the Industrial Zone, adjacent to the Ust-Luga.
Terminal facilities and urea plant will be connected corridor of communication, allowing the transportation of goods from factory to port with minimal costs.
Urea plant, which is the integrated production and logistics complex will include production from natural gas, synthetic ammonia, urea granulation solution and the capacity of 350 thousand tons of ammonia and 1.2 million tons of urea.
Construction of the plant will be established to implement the Group "ICT" "Baltic Urea Plant."
As a licensor of technology solutions that employ the most advanced energy efficient technologies, stands one of the world's industry-leading company SAIPEM, SpA (Italy).
The general designer is JSC "ISM" (a joint venture of the Group "ICT" and Israel's largest engineering company BARAN Group).
Through the use of new technologies leading Western companies projected plant will meet or exceed environmental standards in Russia and the EU. On the basic parameters of emissions (CO2 and NOx) plant will be 2-3 times more effective than existing nitrogen production facilities in Russia.

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