13 February 2013 13:02 [Source: ICIS news]
LONDON (ICIS)--Uralchem’s fertilizer production levels increased by 2% year on year to 6m tonnes during 2012, the Russian producer said on Wednesday.
The company’s production levels of ammonia during the year make it Russia’s largest producer of the material, Uralchem added. The company manufactured a total of 2.8m tonnes of ammonia during the year, 3% higher than in 2011.
"In the past few years, we have been paying great attention to modernisation. We have been investing in the renewal of facilities and working to improve the efficiency of production,” said Uralchem CEO Dmitry Konyaev.
Production of diammonium phosphate (DAP) increased by 64% during the period to 112,497 tonnes, while complex fertilizer (NPK) production levels increased by 8% year on year to 609,941 tonnes.
Urea production also increased by 5% during 2012 to 1.2m tonnes, while monoammonium phosphate (MAP) production levels fell by 15% to 384,681 tonnes, and production levels for ammonium nitrate and its derivatives fell by 2% during the year to 2.6m tonnes, Uralchem added.
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