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Mitsubishi Heavy Industries, Sojitz Awarded $1-Billion Fertilizer Plant Contract in Tatarstan

10:46 PM MST | November 11, 2010 | Deepti Ramesh

Mitsubishi Heavy Industries (MHI; Tokyo), Sojitz (Tokyo), jointly with the China National Chemical Engineering Corp. (CNCEC; Beijing) say they have received an order from Ammoni of the Republic of Tatarstan, Russia, for a project to construct a large-scale urea fertilizer plant to produce ammonia and methanol. Ammoni is a government-affiliated company jointly established by the Tatarstan government and the Bank for Development and Foreign Economic Affairs (Moscow) in 2006. The contract, which will exceed a total of $1 billion, is expected to be officially signed...

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