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KuybyshevAzot OAO Forms Joint Venture with Linde AG-Interfax

Tuesday, 28 May 2013 04:36am EDT 

Interfax reported that KuybyshevAzot OAO and Germany's Linde Group signed an agreement on May 27 to form a 50-50 joint venture to produce ammonia and hydrogen, the Russian chemical company said in a press release. The production facilities of LLC Linde Azot Togliatti will be located on the premises of the Russian company and will have design capacity of 120,000 Nm3/h of hydrogen and 1,340 tons of ammonia per day. The companies expect to invest an estimated RUB 11 billion in the project, which will be carried out in 2013-2016. 

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