RUSSIA – EBRD LOANS
August 1st, 2003
KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development is promoting on-site power generation in Russia, developing plans to lend a major potassium salt producer US$75 million, which it would use to build its own power plant. Located in the city of Berezniki, the Perm Region, in the Urals, OAO Uralkaly would use the new generator to make "improvements in energy efficiency and environmental compliance." Indeed, Uralkaly - Russia's largest potassium salt (fertiliser) producer, accounting for 11.3 per cent of the world's potash production - late last year ...
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