In the Russian Federation, a critical alloy plant chromium is closed due to the 16th EU penalty package.
One of the largest businesses of the Orenburg region of the Russian Federation – the Novotroitsky Chemical Raw Materials Plant (NZHS) – will be closed on March 14 for stopping Chrome Ore’s supply. About this writes Moscow Times on Thursday, March 13.
The import of this material stopped after the introduction of new penalties in Europe, and the company from Kazakhstan, which supplies the mineral, refused to cooperate.
General enterprise director Vasily Izmalkin said that in February, Europe banned the supply of Chrome Ores to Russia. According to him, “From Friday they are preventing the plant, because there is no raw material.”
Izmalkin added that in 2025, prices of sulfuric acid increased dramatically (2.5 times).
In the middle of -January, the NZHS fell on the list of penalties of the US Ministry of Finance. The plant was launched in 1963, while modernization was conducted in 2017-2018. The company has made many dozen types of products.
The Council of Economic Security Council that Chrome is critical for Russian artillery. In particular, Chronicle reduces the harmful effects of combustion products and increases howitzers service life by 2.5-3 times.
Earlier it was found that West penalties against Russia’s coal and the search for buyers in Asia caused a major Kemerovo crisis – the main region of Russian coal, providing nearly 60% of the total rock coal production and 80% of coking.
The arrival of the Russian business fell 2 trillion rubles due to penalties
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.