SACE provides guarantees for loans to EuroChem’s new Russian ammonia plant

Region:

Europe

Jonathan Bell

Editor-in-chief

Italian export credit agency SACE has agreed to guarantee a total of €575 million ($648 million) loans to be issued to Russia’s agrichemical company EuroChem to build a plant in Russia for the production of ammonia. The plant will be built by Maire Tecnimont of Italy.

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