Russia fertilizer output, exports to be boosted by new capacities

26 September 2011 16:17  [Source: ICIS news]

MOSCOW (ICIS)--Russia's mineral fertilizers output is expected to increase by 18.6% and exports will rise by 8.9% by 2014 compared with 2010 levels, the Russian Economic Development Ministry said in a mid-term fertilizer sector outlook released on Monday.

Russia's fertilizer imports are expected to fall by 40% from the 49,000 tonnes imported in 2010, the outlook added.

In 2010, Russia's total production of mineral fertilizers rose by 22.6% year on year to 17.936m tonnes, according to governmental statistics.

Russia's overall exports of mineral fertilizers rose by 20.3% year on year in 2010, to 10.613m tonnes.

Production and export volumes are expected to increase because of new production capacities, the ministry said.

New units, including a 717,000 tonne/year urea facility being built by OAO Ammonia, Phosagro's 500,000 tonne/year urea unit and Acron's 335,000 tonne/year urea plant, are expected on stream in 2012.

By: Sergei Blagov
+44 20 8652 3214

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