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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Vietnam to Participate in Russian Fertilizer JV

9:42 AM MST | November 18, 2008 | Chemical Week Editorial Staff

A high-level accord: (l.) Dmitri Medvedev and (r.) Nguyen Minh Triet shake on it. Russian president Dmitri Medvedev and his Vietnamese counterpart Nguyen Minh Triet recently signed a joint venture agreement to establish a $1.5-billion fertilizer complex in Russia. The complex will be built as an equally owned jv in the Russian republic of Kalmykia on the Caspian coast, according to Kalmykia’s president Kirsan Ilyumzhinov. Construction is due to begin next year with production scheduled to start in the first half of 2013. The complex will be designed to...

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