LLC RIGA FERTILIZER TERMINAL (RFT) is a joint venture founded by LLC RIGA COMMERCIAL PORT (RTO) and URALCHEM FREIGHT LIMITED, a daughter enterprise of the Russian united chemical company URALCHEM. RFT is planning to build the most advanced and safe fertilizer handling and temporary storage terminal in Northern Europe in Kundziņsala, within the territory of the Riga Port, by the beginning of 2014.

RFT has obtained permission for construction of the mineral fertilizer terminal in compliance with the terms and conditions of the effective land lease agreement concluded between RFT and the Freeport of Rīga Authority. Preliminary works on the terminal infrastructure were commenced in 2011.

The planned cargo handling capacity of the terminal is 2 million tons a year. The investment planned for the project is 45 million Euros with a large part being invested into advanced environmentally safe and internationally recognised cargo handling and storage technologies.

The world’s leading companies in terminal construction and similar types of structures will be involved in the implementation of the project. Fully enclosed cargo transportation and handling technologies will be applied at RFT.

The RFT construction project has received approvals from the Environment State Bureau, the State Fire and Rescue Service, the Greater Rīga Environmental Management Bureau, and the City Development Department of Rīga City Council.

The shares in the new joint venture are divided between the founding companies as follows: RTO owns 49%, URALCHEM FREIGHT LIMITED has 51%.

URALCHEM is one of the largest companies operating in the mineral fertilizer markets of the Russian Federation, the CIS countries and Eastern Europe. For more information, visit www.uralchem.com.

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