URALCHEM has successfully exhibited at its fourth Cereals event in Lincoln, UK. The company's new water soluble products were well received by the participants and visitors of the trade show.
Lincoln, UK (June 14, 2013) -- URALCHEM has successfully exhibited at its fourth Cereals event in Lincoln, UK. The company's new water soluble products were well received by the participants and visitors of the trade show.
Although at the moment the demand for soluble fertilizers in the UK is not particularly large, it is well established, and URALCHEM wants its UK customers to know that it is now supplying these products. Soluble fertilizers are primarily used in greenhouse farming; some interest is also coming from liquid fertilizer producers who want to manufacture speciality and added-value products.
The United Kingdom and Ireland remain strategic markets for URALCHEM's nitrogen based fertilizers. Due to the weather conditions here, the UK market demand has been volatile, when even normally regular seasonal purchases shifted by a couple of months. However, the company's position is to remain a reliable supplier to its customers and to keep and grow long-established partnership with them.
Graham Dunn, URALCHEM's Agent in the United Kingdom and Ireland, said, "We have seen a lot of interest to our products, including the NS 30:7 that we first introduced to the UK market a year ago. URALCHEM is one of the first Russian producers to declare that fertilizer should not be seen as a commodity. The company employs highly qualified agronomists and chemists to develop the precisely formulated fertilizers that farmers need. Today we have a large portfolio of speciality products which we want our customers to get to know and use."
"It is important for UK to recognize that it is part of an inter-connected global market. Today businesses have to compare markets globally: for example, the UK fertilizer market is 5 million tonnes and the one in Brazil 30 million tonnes. Manufacturers will send their products to those who are prepared to pay higher prices. It is already happening, and traditional products destined for the European market, such as calcium ammonium nitrate, are being diverted to Brazil. So, monitoring and responding to global trends will provide British farmers with a better guarantee that their business will survive and prosper."
For further information about the company and its products please refer to the web-site http://www.uralchem.com.
Public Relations Department
Tel: +7 (495) 721 89 89
PR representative in the UK and Ireland
Tel: +44 (0) 7538 978986
URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow region.
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of URALCHEM. We wish to caution you that these statements are only predictions. We do not intend to update these statements and our actual results may differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, financial risk management and the impact of general business and global economic conditions.