Efficient production balance at URALCHEM leads to strong operating results
14 November 2011. URALCHEM OJSC announces operating results for the first
nine months of 2011. The production volume of URALCHEM Holding’s enterprises
during the first nine months of 2011 increased by 6% compared to the same period
in 2010, amounting to a total of 3.815 million tonnes. The production of
ammonium nitrate increased by 7%. Due to market conditions, the production of
DAP and NPS 14:34:8 has been reduced to zero in favor of increasing the
production of more marketable MAP and NPK fertilisers. Their output increased by
63% and 18% respectively. The production of other types of fertilisers grew by
107% due to the increase of sales of potassium nitrate and the start of its
export sales. The production of chemicals for industrial use grew by 28% due to
the increase in domestic sales of sulphuric and nitric acid, aluminum fluoride
and phosphogypsum.
Dmitry Konyaev, CEO of URALCHEM, OJSC commented on the operating results for the
first nine months of 2011: "We are focused on ensuring flexibility of
production. Along with manufacturing of standard types of nitrogen and phosphate
fertilisers, we are developing niche products and maintaining an efficient
production balance that is focused on current demand."
URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate
fertilisers in Russia and the CIS with production capacities of over 2.5 million
tonnes of ammonium nitrate, 2.2 million tonnes of ammonia, 0.8 million tonnes of
MAP and DAP, 0.8 million tonnes of complex fertilisers and 0.5 million tonnes of
urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the
world and number one inRussia, the second largest producer of nitrogen
fertilisers inRussia. Key production assets of URALCHEM, OJSC include Azot
Branch of URALCHEM, OJSC in Berezniki, Perm Region; MFP Kirovo-Chepetsk Chemical
Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral
Fertilisers, OJSC in Voskresensk, Moscow region.
