URALCHEM has registered its anhydrous calcium nitrate with the European Chemicals Agency in accordance with the European Community Regulation on chemicals and their safe use (EC 1907/2006), which deals with the Registration, Evaluation, Authorisation and Restriction of Chemical substances (REACH).
Moscow, Russia (July 18, 2013) -- URALCHEM has registered its anhydrous calcium nitrate with the European Chemicals Agency in accordance with the European Community Regulation on chemicals and their safe use (EC 1907/2006), which deals with the Registration, Evaluation, Authorisation and Restriction of Chemical substances (REACH). This registration allows the company to seamlessly deliver the product onto the EU market.
Anhydrous calcium nitrate Ca(NO3)2 is a new product for the company and was launched at the company's plant in Kirovo-Chepetsk. Currently, calcium nitrate is widely used as an additive in concrete and construction mixes, as a constituent of process fluids in the petroleum industry and as raw material for the chemical industry.
The product can also be used as fertilizer. It contains nitrate nitrogen and calcium in the best form for absorption by plants. Among the useful properties of calcium is its ability to increase the strength of cell walls. Use of calcium nitrate increases the yield by 10-15% and significantly improves consumer quality of vegetables and fruit. It also stimulates root development, especially the development of root hairs. Calcium nitrate aids the formation of membranes and strengthens cell walls of plants; it stimulates enzyme activity and metabolism; it also promotes photosynthesis and speeds up the transportation of hydrocarbons and nitrogen assimilation in plants. Usage of the product increases plants' resistance to environmental stress factors as well as fungal and bacterial diseases.
"Compliance with the requirements of the REACH regulation is a necessary condition for the supply and turn over of chemical substances on the EU market. URALCHEM is closely following developments in this area, and strictly complies with all requirements concerning circulation of chemicals in the EU", commented Tatiana Rozarenova, Head of Customers and Regulators Department at URALCHEM.
Today, the REACH regulation is one of the most complex technical regulations in the European Union. In 2010, URALCHEM registered 27 substances according to the requirements of the regulation and became one of the first Russian manufacturers in the chemical industry to submit data on its products to the European Chemicals Agency.
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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.