SBU Azot highest bidder for Tatarstan nitrogen assets

Several informed sources in the market report that SBU Azot is in the advanced stages of negotiations with JSC Ammoniy and Mendeleevsk Azot over the purchase of the Mendeleevsk nitrogen production assets in Tatarstan. The reports suggest that the marketing of the Mendeleevsk granular urea will be handled by SBU following the completion of the deal. This would allow SBU flexibility…