Dmitry Mazepin, Chairman of the Board of Directors of URALCHEM, Deputy Chairman of the Board of Directors of Uralkali, member of the Bureau of the Board of the Russian Union of Industrialists and Entrepreneurs (RSPP) and Dmitry Konyaev, Deputy Chairman of the Board of Directors of URALCHEM, Executive Director of the International Fertilizer Association (IFA) conducted negotiations with African leaders during the Russia – Africa Economic Summit which takes place on the 23-25 of October in Sochi, Russia.
A Memorandum of understanding was signed between URALCHEM and Opaia group which provides the creation of a joint ammonia and urea production complex in Angola. According to the document, the plant's capacity will be 1.2-1.3 million tons. The total estimated amount of investment in the project is more than $ 1 billion. Production is scheduled to start in 2023.
Dmitry Konyaev, Deputy Chairman of the Board of Directors of URALCHEM:
"The signing of the Memorandum with the Opaia group is an important step in the development of Angola's agriculture. We hope that thanks to this project we will be able to supply fertilizers to the country actively, where the level of their application is very low, and also provide high-quality mineral nutrition to bordering countries."
Within the framework of the Russia – Africa Economic forum, Dmitry Mazepin held talks with President of Mozambique Filipe Jacinto Nyusi. The country is a profitable partner for URALCHEM today – in the Republic there is the port of Beira, through which the company supplies mineral fertilizers to Zimbabwe and Zambia. The parties agreed on future deliveries of URALCHEM products to the domestic market of Mozambique.
A similar discussion was held with the President of Zimbabwe Emmerson Mnangagwa. The main topic of Dmitry Mazepin's meeting with the head of the Republic was the role of URALCHEM in the privatization of Chemplex group, which will take a long time. The Russian side confirmed its participation in the process. According to representatives of the authorities of Zimbabwe, now the potential of this enterprise is used inefficiently due to the lack of investment and technology. That is why it is planned to attract a reliable partner to the management of the group – JSC URALCHEM. "It should be noted that over the past two months we have delivered $ 20 million worth of fertilizers to the country," Dmitry Mazepin said.
During negotiations with the President of Kenya Uhuru Muigai Kenyatta, Dmitry Mazepin confirmed URALCHEM's plans to build a port and develop mining projects. The country is interested in developing relations with Russian companies and is ready to develop cooperation.
During the summit, Dmitry Mazepin also met with the leaders of the Togolese Republic and the Republic of Ethiopia. At the meetings they discussed the areas of cooperation between the countries and the Russian company.
Dmitry Mazepin, Chairman of the Board of Directors of URALCHEM, Deputy Chairman of the Board of Directors of Uralkali, member of the Bureau of the Board of the Russian Union of Industrialists and Entrepreneurs (RSPP):
"The Russia – Africa summit is an important event in which we could not but take part. First of all, new markets are important for our company and Africa is one of them for the next twenty or thirty years. We are already supplying fertilizers to Zimbabwe, Zambia, Kenya and Angola and we are starting deliveries to Mozambique. It is good to see that the African continent is open to cooperation with Russian business".