URALCHEM has become the largest Russian producer of ammonia
Moscow - February 13, 2013. In 2012, URALCHEM became the largest Russian producer of ammonia. The supporting data was published in the annual report of the Russian Scientific Research and Design Institute of Nitrogen and Organic Synthesis Industry (GIAP). In 2012, the Company manufactured a total of 2,781,877 tons of ammonia, which was 3% higher than in 2011*.
In 2012, URALCHEM increased the production of most of its main commodity products. The total output reached 6.024 million tons, up 2% from the previous year. The production of diammonium phosphate (DAP) grew by 64%. The production of complex fertilizers (NPK) increased by 8%. The production of ammonia and urea grew by 7% and 5% respectively.
Comparative production figures of the URALCHEM holding companies
in 2011-2012 (tons):
|
Name of product |
Year 2011*, tons |
Year 2012, tons |
Year-on year change, % |
|
Ammonia (commodity) |
738,891 |
789,154 |
7% |
|
Urea |
1,105,015 |
1,164,333 |
5% |
|
NPK fertilisers |
564,497 |
609,941 |
8% |
|
Ammonium nitrate and its derivatives |
2,654,564 |
2,604,699 |
-2% |
|
DAP |
68,473 |
112,497 |
64% |
|
MAP |
451,787 |
384,681 |
-15% |
|
Other types of fertilisers |
11,595 |
15,274 |
32% |
|
Other chemicals |
290,185 |
343,236 |
18% |
|
Total |
5,885,007 |
6,023,815 |
2% |
Dmitry Konyaev, CEO of URALCHEM, OJSC commented on the results for the year 2012: "In the past few years, we have been paying great attention to modernization. We have been investing in the renewal of facilities and working to improve the efficiency of production. In 2012, we were responsive to the needs of the market and focused on the production of ammonia and other products demanded by the market. Due to these factors, we were able to surpass the record production figures of 2011, with a total output of more than 6 million tons of commercial products, as well as achieving strong financial performance. "