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Togliattiazot boosts ammonia production 11.5% in 2014

 SAMARA. Feb 12 (Interfax) - OJSC Togliattiazot produced 2.9 million tonnes of ammonia in 2014, the Samara region administration reported, citing the company's general director, Vadim Suslov.

"Output totaled about 2.9 million tonnes in 2014, compared with 2.6 million tonnes in 2013. In addition, the company managed to reduce natural gas consumption per tonne of ammonia produced by 10%," Suslov said during a meeting with Samara region Governor Nikolai Merkushkin.

In other words, ammonia production in 2014 rose 11.5% compared with 2013.

The increase was the result of investment in modernization and plant maintenance. The company has spent over 15 billion rubles for that purpose since 2012.

Togliattiazot does not plan to reduce output in 2015, although there are certain problems with logistics that the company is working to resolve, Suslov said.

12 Feb 2015

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