EBRD supports modernisation of fertiliser production in Georgia
The European Bank for Reconstruction and Development (EBRD) is supporting Georgia’s private manufacturing sector by lending US$ 65 million to Rustavi Azot. This investment will finance the construction of a new state-of-the-art low-density ammonium nitrate plant. It will also support energy efficiency enhancements at the firm’s existing plant with a view to reducing its environmental impact.
Rustavi Azot has been part of Indorama Corporation – a global leader in fertiliser manufacturing – since 2023. It has an annual production capacity of 550,000 tonnes of ammonium nitrate and serves clients across the region. Rustavi Azot’s existing plant is Indorama Corporation’s first European production facility, with the Georgian firm representing a strategic platform for regional growth.
“The EBRD’s investment comes at a time when the resilience of regional food systems and global food security is a top priority,” the Bank said in a press release. “The modernisation of fertiliser production in Georgia will help to ensure a more stable, locally available supply of high-quality agricultural inputs.”
In addition to environmental gains, the project will also bring about benefits in the area of inclusive development. The company will establish an in-house academy to deliver training on market-relevant technical skills, with a focus on roles supporting the green transition.
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