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Linde to build large ammonia plant in Russia

8:36 AM MDT | May 28, 2013 | Natasha Alperowicz

The Linde Group has formed an equally owned joint venture with chemical company KuibyshevAzot to build and operate a large ammonia plant at the Togliatti site, in Russia's Samara region, Linde announced today. The partners signed an agreement on Tuesday. The deal will involve a total investment of €275 million ($355.3 million). The jv will operate as Linde Nitrogen Togliatti.   'We are proud to team up with our partner to support further expansion of the Togliatti industrial hub. This project not only strengthens our presence in Samara but also our...

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