Project description
and objectives:
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The proposed EBRD financing to Azovprodukt will enable the construction and operation of an export liquid chemicals terminal on the river Don, at Azov. The terminal will facilitate liquid chemicals export from Russia to the Black Sea and Mediterranean regions. The construction of the terminal will render the export of liquid chemicals from southern Russia to the Mediterranean area commercially viable, with a shorter and more reliable logistics chain.
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Transition impact:
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The project will contribute to the integration of southern Russian producers into the international economy and provide access to new product markets. Liquid chemical producers will be the primary beneficiaries of this project through higher capacity utilisation, diversification of business, and increased efficiency with stable revenue sources. Furthermore, Triboldi Group’s management skills, and especially its international experience in liquid chemical products trade, port facility management, procurement and marketing, will be passed on to local managers.
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The client:
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Azovprodukt is a special purpose company, created by DECAL (a member of the Triboldi Group) and their Russian partners to build and operate a liquid chemical terminal at Azov. The Triboldi Group is one of Italy’s largest chemical trading, distribution and storage companies. DECAL owns and operates three similar terminals on the Mediterranean Sea.
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EBRD finance:
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A limited recourse loan of €9.2 million.
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Total project cost:
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Estimated €14.6 million.
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Environmental impact:
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The project was screened as B/0 requiring an environmental analysis of the main impacts during construction and operation of the terminal.
The terminal would consist of six 5,000m3 capacity liquid chemical storage tanks, a railway connection, a jetty for tanker loading and related infrastructure. The environmental permit for the construction of the terminal was issued by the State Environmental Committee of the Russian Federation in 1997. The safety declaration, required under Russian law, was issued by the relevant authorities in 1998.
The operation of the terminal will be carried out in accordance with Russian and EU environmental standards. As required under Seveso II EU Directive, prior to the commissioning of the terminal a safety report and an emergency response plan will be issued by the management of the terminal. The design of the terminal will include adequate fire and safety equipment. The tankers for transport of liquid chemical will be required to meet stringent standards for safe transport of chemicals in the Black and Mediterranean Seas.
An environmental action plan is currently under preparation. Once finalised, it will become a part of the loan agreement between the client and the Bank.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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EBRD contact:
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Naoto Kawasaki, Operation Leader: kawasakn@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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