Ammonium nitrate buoys nine-month rise in Uralchem production output

31 October 2013 12:24  [Source: ICIS news]

LONDON (ICIS)--Russia-based fertilizer producer Uralchem said on Thursday that total group production during the first nine months of the year was up 2% compared to the same period in 2012 to 4.49m tonnes.

The increase was driven by a 7% rise in production of ammonium nitrate and its derivatives – Uralchem’s most significant product – to 2.03m tonnes, Uralchem said.

The rise in ammonium nitrate production offset a drop in output for nearly every other product, with ammonia production dropping 3% year on year to 562,600 tonnes, and production of monammonium phosphate/diammonium phosphate (MAP/DAP) falling 5% to 333,300 tonnes.

Urea production during the period dropped by 1% year on year to 851,400 tonnes, while output of unclassified other fertilizer types and unclassified other chemicals both dropped by 2% to 11,000 tonnes and 237,400 tonnes respectively.

Nitrogen phosphorus potassium-based fertilizers was the only other material to see an increase in production, with output growing by 1% during the period to 468,400 tonnes.

The company added that the global fertilizer market was unfavourable for producers  in the third quarter of the year, with the phosphate fertilizer sector particularly beleaguered, and nitrogen fertilizers the only exception to the overall trend.

“Uralchem took the market situation fully into account and continued to ramp up production in its key nitrogen segment, placing emphasis on the most popular products,” said company CEO Dmitry Konyaev.

Name of product

January – September, 2012

January – September, 2013

Year-on year change, thousand tons

Year-on year change,                      %

Ammonium nitrate and its derivatives

1,898

2,029

131

7%

Ammonia

577.6

562.6

-15

-3%

Urea

856.5

851.4

-5.1

-1%

NPK fertilisers

462.1

468.4

6.3

1%

DAP/MAP

349.9

333.3

-16.6

-5%

Other types of fertilisers

11.2

11.0

-0.2

-2%

Other chemicals

242.5

237.4

-5.1

-2%

Total

4,398

4,493

95

2%


By: Tom Brown
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly