Moscow,
Russia (October 31, 2013) -- Production from all enterprises of
the URALCHEM
Group during the first nine months of 2013 amounted to 4.49 tons.
This is a 2% increase compared with the same period last year.
The
production of ammonium nitrate and its derivatives amounted to 2.03
million tons, up 7% over the same period last year. The output of
complex fertilizers increased by 1%, to 468.4 thousand tons. The
production of commodity ammonia decreased by 3%, to 562.6 thousand
tons. Urea production decreased to 851.4 thousand tons, which is 1%
less than in January-September 2012. Production of phosphate
fertilizers (MAP / DAP) decreased by 5%, to 333.3 thousand tons.
Comparative production figures
of the URALCHEM Group companies (thousand tons):
|
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%
|
"On
the whole, URALCHEM's enterprises showed stable performance,
increasing production through the upgrade of its units and increasing
their efficiency. 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
Dmitry Konyaev, CEO of URALCHEM, OJSC.
In
the third quarter of 2013, the situation in the global fertilizer
market was unfavourable for producers. The market for phosphate
fertilizers suffered an especially significant drop in demand and
prices. At the same time, the situation in nitrogen market is more
stable.
-Ends-
PR
department
URALCHEM,
OJSC
Tel:
+7 (495) 721 89 89
E-Mail:
pr@uralchem.com
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.
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