Moscow, Russia – 14 November 2011. URALCHEM OJSC announces operating results for the first nine months of 2011. The production volume of URALCHEM Holding’s enterprises during the first nine months of 2011 increased by 6% compared to the same period in 2010, amounting to a total of 3.815 million tonnes. The production of ammonium nitrate increased by 7%. Due to market conditions, the production of DAP and NPS 14:34:8 has been reduced to zero in favor of increasing the production of more marketable MAP and NPK fertilisers. Their output increased by 63% and 18% respectively. The production of other types of fertilisers grew by 107% due to the increase of sales of potassium nitrate and the start of its export sales. The production of chemicals for industrial use grew by 28% due to the increase in domestic sales of sulphuric and nitric acid, aluminum fluoride and phosphogypsum.

Comparative production figures of the URALCHEM Holding’s companies (tonnes):

Dmitry Konyaev, CEO of URALCHEM, OJSC commented on the operating results for the first nine months of 2011: "We are focused on ensuring flexibility of production. Along with manufacturing of standard types of nitrogen and phosphate fertilisers, we are developing niche products and maintaining an efficient production balance that is focused on current demand."