Uralchem's volumes, sales to rise in 2012 - Russian regional govt

30 August 2012 17:28  [Source: ICIS news]

MOSCOW (ICIS)--Russian fertilizer producer Uralchem’s overall production volumes and sales in 2012 are expected to increase in 2012 year on year, according to a statement from the government of the Russian Perm region, on Thursday.

Uralchem's plants are expected to produce 6m tonnes of mineral fertilizers in 2012, up from 5.09m tonnes last year, it added.

Uralchem's deputy CEO Dmitry Osipov, speaking at a meeting with Perm regional governor Viktor Basargin, said the company's annual sales are estimated to reach $2.5bn (€2.24bn) this year, up from $2.08bn in 2011.

Uralchem controls the Kirovo-Chepetsk plant in Kirov region, Perm Mineral Fertilizers and Azot Berezniki plants in Perm region, and the Voskresensk Mineral Fertilizers plant in Moscow region.

Uralchem's plants have total production capacities of more than 2.5m tonnes of ammonium nitrate, 2.2m tonnes of ammonia and 500,000 tonnes of urea, according to the company.

Additional reporting by Franco Capaldo

By: Sergei Blagov
+44 20 8652 3214

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