Russian fertiliser manufacturer MoC has signed a memorandum on cooperation (Uralchem) with mineral fertiliser transporter Ultramar for the construction of facilities at Ust-Luga port in Russia. The agreement covers infrastructure facilities for the transshipment of dry mineral fertilisers and the creation of a 12 million metric tonne (mt) capacity multi-functional terminal. Additional transshipment of MoC's cargo via domestic ports is expected to reach two million mt a year, with export potential set to grow from 2020, while further development of the port's railway infrastructure will see growth in port throughput.
Russian fertiliser manufacturer Uralchem has signed a memorandum on cooperation (MoC) with mineral fertiliser transporter Ultramar for the construction of facilities at Ust-Luga port in Russia. The agreement covers infrastructure facilities for the transshipment of dry mineral fertilisers and the creation of a 12 million metric tonne (mt) capacity multi-functional terminal. Additional transshipment of Uralchem's cargo via domestic ports is expected to reach two million mt a year, with export potential set to grow from 2020, while further development of the port's railway infrastructure will see growth in port throughput.