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Article: Russia's EuroChem to invest 70 bln rubles in Gremyachinskoye potassium deposit (Part 2).
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- September 22, 2008
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Russia's EuroChem to invest 70 bln rubles in Gremyachinskoye potassium deposit (Part 2)
SOCHI. Sept 22 (Interfax) - EuroChem Mineral and Chemical Company general director Dmitry Strezhnev and Volgograd region Governor Nikolai Maksyuta on Saturday signed an agreement on cooperation and implementation of a project to develop the region's Gremyachinskoye potassium salts deposit.
EuroChem, one of Russia's largest fertilizer producers, will invest 70 billion rubles in the project, including about 10 billion rubles in engineering and social infrastructure.
As part of the second phase of the deposit's development, EuroChem this year will begin ...