IHS Chemical Week

Regions :: Eastern Europe :: Russia

AzMeCo signs deal with Russian bank, plans methanol expansion

12:06 PM MDT | May 23, 2014 | Natasha Alperowicz

Azerbaijan Methanol Co. (AzMeCo; Karadagh, Azerbaijan) and Sberbank (Moscow) have signed a memorandum of cooperation (MOC). Sberbank will finance AzMeCo’s projects to the value of $1.5 billion under the agreement. The figure includes refinancing the Karadagh methanol plant near Baku for $450 million, long-term project financing of a commercial retail space at Moscow, long-term project financing for a methanol project in the southwest of Russia, and project financing of a series of medium and large business deals in Crimea. The MOC has a five-year term with...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa