KuibyshevAzot PJSC - Volgatechnool

Acid Plant Database September 13, 2021

Owner	KuibyshevAzot PJSC Volgatechnool LLC
Location	st. Novozavodskaya, 6 Samara Region Togliatti Russia 445007
Background	Volgatechnool LLC is a 100% owned subsidiary of KuibyshevAzot
Website	www.kuazot.ru
Plant
Coordinates*	53° 33' 13" N 49° 29 '8" E
Type of Plant	Sulphur Burning
Gas Source	Elemental Sulphur
Plant Capacity	1500 MTPD
SA/DA	DA
Emissions
Status	Operating
Year Built	2021
Technology	MECS
Contractor	Desmet Ballestra EPCM - basic and detailed engineering, procurement, erection contract tendering support, site supervision, commissioning services Construction: Renaissance Heavy Industries
Remarks	Oleum produced
Pictures
General	In 2018, the project “Construction of a production facility for grade K sulfuric acid and improved oleum with a total capacity of 500 thousand tons per year” entered its active investment phase. The project of sulfuric acid and improved oleum plant is aimed at raw materials supply, existing capacities build-up, improvement of competitiveness and export potential of the only process chain in Russia from caprolactam and polyamide to threads and fabrics created by KuibyshevAzot PJSC. The project uses advanced resource-saving technologies that provide a high level of industrial and environmental safety. At the St. Petersburg International Economic Forum (SPIEF-2018), KuibyshevAzot PJSC and the VEB.RF State Development Corporation signed a Memorandum of Intent on the implementation of this project using the Project Financing Facility. The volume of investments will amount to 8.6 billion rubles, the total amount of financing from VEB.RF - 3.8 billion rubles. The commissioning is planned in 2020.
References
News	June 6, 2019 - VEB.RF has made equity investments in the authorised capital of Volgatechnool LLC as part of financing an investment project to build a production facility to manufacture K-grade sulphuric acid and refined oleum. Volgatechnool was established by KuibyshevAzot PJSC to carry out the project. The facility is being constructed at the production site in Tolyatti, Samara Region. “VEB.RF’s equity investments in Volgatechnool promote well-balanced financing at the first stage of the project. The support measures involving equity investments are essential for the development of project finance,” KuibyshevSzot’s General Director Alexander Gerasimenko said. The investment amount will total 6.3 billion roubles, with 3.8 billion roubles and 2.2 billion roubles to be lent by VEB.RF and Gazprombank, respectively. The decision on VEB.RF’s commitment was approved by the Supervisory Board in December 2018. “The project will be financed under the Project Financing Factory programme. VEB.RF offered a comprehensive financing solution for the project, involving a special-purpose entity with an equity holding or debt financing through a syndicated loan of 4.7 billion roubles given jointly with Gazprombank. VEB.RF, Gazprombank и KuibyshevAzot signed a syndicated loan agreement at the Russian Investment Forum 2019 in Sochi. VEB.RF’s share in the syndicated loan is 2.5 billion roubles. The Factory’s advantage is that all tranches, including the partner bank’s tranche, are government subsidised for the entire length of the loan in respect of fluctuations in the key interest rate,” VEB.RF’s Deputy Chairman Yuriy Korsun said. The main idea behind the Factory is to provide projects with syndicated loans with government-subsidised interest rates and government-secured bonds. The legal framework took shape in the first half of 2018. VEB.RF is as the Factory’s operator. The Factory is attractive to project initiators because it offers a mechanism to hedge the interest rate risk. A project is eligible for the Factory if it needs an investment of more than 3 billion roubles and has a payback period of up to 20 years. Furthermore, the project initiator must invest at least 20% of the project value. KuibyshevAzot is a leader in the chemical industry and Russia’s largest manufacturer of caprolactam and polyamide, ranking among the top ten nitrogen producers in the country. Volgatechnool’s products will enable KuibyshevAzot to supply its process chain with its own feedstock. Products resulting from subsequent process stages will contribute to achieving the goals of import substitution and strengthening Russia’s export potential.

MTPD - Metric Tonne per Day STPD - Short Ton per Day
MTPA - Metric Tonne per Annum STPA - Short Ton per Annum
SA - Single Absorption
DA - Double Absorption

* Coordinates can be used to locate plant on Google Earth


Sulphuric Acid on the Web^TM	Technical Manual	DKL Engineering, Inc.