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PhosAgro signs contract with Incro to build complex fertilizer plant

2:20 AM MDT | July 19, 2013 | Natasha Alperowicz

PhosAgro said today that it has signed a contract with Incro (Madrid) to carry out engineering design work on a new production line at its Balakovo, Russia, mineral fertilizer complex. The contract involves the development of detailed engineering specifications for a new NPK/NPS/NP complex fertilizer line with a 450,000 m.t./year capacity, using Incro’s technology. The project is expected to cost $190 million and is scheduled onstream by 2016.    The project will help PhosAgro to achieve its goal of increasing its internal processing of phosphate...

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