in this issue
Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
PhosAgro secures loan to fund ammonia project in Russia
1:03 AM MST | January 16, 2014 | Natasha Alperowicz
PhosAgro (Moscow) announced today that its subsidiary PhosAgro Cherepovets has signed a $440.6-million loan agreement with Japanese banks to fund construction of a previously announced ammonia plant at Cherepovets. The loan from the Japan Bank for International Cooperation (JBIC) and a group of banks consisting of Bank of Tokyo-Mitsubishi (BTMU), Citibank Japan and Mizuho Bank, is backed by a guarantee from Nippon Export and Investment Insurance. JBIC will provide $264.4 million with a tenure of 13 years, while BTMU, Citibank Japan and Mizuho Bank...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee