"Grodno Azot" updates modernization roadmap
12.01.2023
There are plans to implement four major investment projects by 2026. The work plan was updated and expanded taking into account external negative factors, such as market conditions and logistics. In order to minimize costs, the company intends to reconstruct the existing production facilities and launch two new workshops. In general, as noted by the Director General, under the sanctions pressure the company is successfully working on new approaches to import substitution and supply of necessary raw materials. Also, significant efforts are aimed at the diversification of export sales, taking into account lack of access to traditional markets.
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