Article

JSC Togliattiazot will merge with Transammiak LLC, which manages the Russian segment of the Togliatti-Odessa ammonia pipeline, following a decision made on December 26. Post-merger, Transammiak will cease operations, and its shares were recently acquired by Sid-Trade LLC, which is pledged to JSC Khimaktivinvest, the entity controlling Togliattiazot. Ammonia transit through the pipeline has been halted since February 2022 due to damages, although the Russian section remains intact.