TogliattiAzot

Construction on the first TogliattiAzot nitrogen plant commenced in 1974 due to William J. Casey securing a $180 million loan from Eximbank to the Soviet Union in support of Armand Hammer's interests associated with fertilizer détente.

The plan also includes the upgrade of 7 existing ammonia plants, air compressors, and the replacement of the reaction tubes and heat exchangers.

The partnership between Nitrochem and TogliattiAzot has existed since the mid-1990s and has undergone numerous audits by regulatory and law enforcement agencies.

[19] Judicial investigations have found no affiliation has been found between TogliattiAzot's management or major shareholders and Nitrochem Distribution AG: TogliattiAzot has stated that all its export activities fully comply with Russian legislation, and that its partnership with a western trader is a standard practice adopted for commercial convenience.

[21][22] It is not the first legal case against the company: according to TogliattiAzot's lawyer "Such a claim has already occurred, it wound up on criminal charges, which were then dropped due to lack of corpus delicti".

In December 2021 after the 10 year corporate conflict, Federal Antimonopoly Service approved the purchase of 83,731% of shares of TogliattiAzot by JSC "Khimaktivinvest", controlled by Dmitry Mazepin, Uralchem owner.

Hereafter in January 2022 Oleg Egerev, trustee of Sergey Makhlai, announced the sale of 38,7% of shares for 31 billion roubles within S.Makhlai`s bankruptcy case.

[25] In 2015 the company received the approvals needed for the construction and launch of a deep sea ammonia and urea transshipment complex in the Port of Taman, Krasnodar Region.

[41] In 2016 the chairwoman of the TogliattiAzot trade union, Olga Sevostyanova, was elected to the 6th Samara Regional Duma on the United Russia list.