RDIF, Marubeni, Baltic Gas Chemical Company, and Invasta signed Cooperation Memorandum regarding the construction of a methanol plant in Ust-Luga
(World News Russia)

Press release, 25.05.2018 Saint-Petersburg, May 25, 2018 - Russian Direct Investment Fund (RDIF, sovereign fund of Russian Federation), Japan`s Marubeni Corporation, Baltic Gas Chemical Company (BGCC) and Invasta Capital signed a trading and investment cooperation memorandum regarding the construction of a new methanol production plant in Ust-Luga port area. This agreement was signed today at Saint-Petersburg International Economic Forum. The agreement states comprehensive collaboration concerning the commercial, corporate terms of the project development and the issues necessary for the final investment decisions of the project. The project consists in the construction of a world-scale...