Sichuan Golden-Elephant Sincerity Chemical, a large Chinese company, plans to open a $ 400 million fertilizer plant in Tatarstan. This was reported by TASS with reference to the deputy head of the press service of the President of the Republic Liliya Galimova.
The company will appear in the Yelabuga region on the territory of the special economic zone "Alabuga". It is expected that it will open in the middle or end of next year.
The production capacity will be 80 thousand tons of melamine, 200 thousand tons of ammonia and 460 thousand tons of urea. The project will create 500 new jobs. Products will be delivered throughout the republic.
Alabuga is the largest industrial and industrial economic zone in Russia. It was created in 2005. Today, 57 companies and individuals are registered in it, 32 of which are engaged in industrial production.
A source: https://rosng.ru/