 In September 1962, the first stone was laid in the foundation of the future plant, and in the same year a large-scale construction of ammonia production with a capacity of 108 thousand tons per year began.In May 1963, the Resolution of the Council of Ministers of the USSR № 559 "On merging the nitrogen fertilizer plant with the ion exchange resin plant under construction" was adopted resulting in the new final name of the enterprise — "Cherkasy Chemical Plant.