Russia's Sibur Mineral Fertilizers reports higher nine-month output

16 November 2011 15:36  [Source: ICIS news]

MOSCOW (ICIS)--Sibur Mineral Fertilizers, a subsidiary of Russia-based petrochemical major Sibur, said on Wednesday that its production numbers were up in the first nine months of this year compared with the same period in 2010.

In the January-September period of 2011, Sibur Mineral Fertilizers produced 1.95m tonnes of mineral fertilizers, up 3% from the same period last year.

According to the company, this total figure included 864,000 tonnes of ammonium nitrate, up 6% from the nine-month period of 2010, and 83,000 tonnes of caprolactam, up 22% year on year..

Sibur Mineral Fertilizers’ production of ammonia in the January-September period fell 0.5% year on year to 1.16m tonnes, while its output of urea dropped 5% to 855,000 tonnes.

The company said its urea and ammonia output was down due to biennial maintenance shutdowns.

For the full year of 2011, Sibur Mineral Fertilizers aims to produce 2.7m tonnes of mineral fertilizers, an increase of 5% compared with 2010. The company also said it expects to produce 1.6m tonnes of ammonia and 115,000 tonnes of caprolactam, up 2% and 18% year on year, respectively.

For more on fertilizers visit ICIS pricing fertilizers

By: Sergei Blagov
+44 20 8652 3214

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