OREANDA-NEWS. SOGAZ Insurance paid 101.3 million rubles as insurance compensation to Azot Novomoskovsk plant in the Tula region.

The insured losses compensated by SOGAZ JSC for the failure of the boiler at the site of Azot Novomoskovsk in the Tula region include damage to the insured property in the amount of 12.8 million rubles, as well as losses resulted from the idle time of production in the amount of 88.5 million rubles. According to Vladimir Kozlov, Vice President, Director of SOGAZ for Loss Settlement, the insurance payment has been made in accordance with the contract of property insurance signed in 2014

Azot Novomoskovsk, Joint Stock Company is one of the largest producers of nitrogen fertilisers and ammonia. The company is part of EuroChem holding company.