Israel’s leaders display a shamefully craven posture towards Vladimir Putin, with weak, opaque condemnations of his attack on Ukraine and on Holocaust memory, while his pet oligarchs have spread tainted influence and money throughout the Jewish world
Acron board approves $1.5 bln ammonia and urea project
MOSCOW. Dec 14 (Interfax) - The board of directors of Russian mineral fertilizer producer Acron has approved a project to build an ammonia and urea complex at an estimated cost of $1.5 billion under an investment protection and promotion agreement (IPPA).
The board resolved in its decision to make the Ammonia and Urea Complex Construction project a priority area of the company s activities.
Acron applied to sign an IPPA for this project, which it plans to carry out at a site in Veliky Novgorod, in the fall. This is a project to build Europe s largest complex for production of ammonia and urea. This project will cost us $1.5 billion. We have now carried out all front-end engineering design, received proposals from EPC contractors and from banks to provide project financing. We re ready for implementation immediately after signing the IPPA, Acron chairman Alexander Popov said in October at a meeting of the presidium of the