Phosagro is considering the construction of an ammonia and urea plant for ₽120 billion. The production will be located at one of the group's existing sites - in Cherepovets or Volkhov, Andrey Guryev said. According to different estimations, the capacity of the plant could be from 0.8 to 1.7 million tons. At the end of this year or at the beginning of next year the company will present its adjusted strategy until 2025, where, apart from ammonia plans, there will also be projects to increase sulfuric acid and ammonium sulfate capacities.