URALCHEM Has Become the Largest Russian Producer of Ammonia

MOSCOW, RUSSIA, February 22, 2013 (Press-News.org) In 2012, URALCHEM became the largest Russian producer of ammonia. The supporting data was published in the annual report of the Russian Scientific Research and Design Institute of Nitrogen and Organic Synthesis Industry (GIAP). In 2012, the Company manufactured a total of 2,781,877 tons of ammonia, which was 3% higher than in 2011.

In 2012, URALCHEM increased the production of most of its main commodity products. The total output reached 6.024 million tons, up 2% from the previous year. The production of diammonium phosphate (DAP) grew by 64%. The production of complex fertilizers (NPK) increased by 8%. The production of ammonia and urea grew by 7% and 5% respectively.

Comparative production figures of the URALCHEM holding companies
in 2011-2012 (tons):
Name of product Year 2011*, tons Year 2012, tons Year-on year change, %
Ammonia (commodity) 738,891 789,154 7%
Urea 1,105,015 1,164,333 5%
NPK fertilisers 564,497 609,941 8%
Ammonium nitrate and its derivatives 2,654,564 2,604,699 -2%
DAP 68,473 112,497 64%
MAP 451,787 384,681 -15%
Other types of fertilisers 11,595 15,274 32%
Other chemicals 290,185 343,236 18%
Total 5,885,007 6,023,815 2%

Dmitry Konyaev, CEO of URALCHEM, OJSC commented on the results for the year 2012: "In the past few years, we have been paying great attention to modernization. We have been investing in the renewal of facilities and working to improve the efficiency of production. In 2012, we were responsive to the needs of the market and focused on the production of ammonia and other products demanded by the market. Due to these factors, we were able to surpass the record production figures of 2011, with a total output of more than 6 million tons of commercial products, as well as achieving strong financial performance."

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, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow region.

Website: www.uralchem.com