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08.06.2010

PRESS-RELEASE

Uralchem plants reduce pollutant emissions

Moscow 8 June, 2010 – Having analyzed the operation of its plants, Uralchem summoned the results of environmental protection efforts in 2009 – 1Q 2010. Statistical reports show that in 2009 all plants reduced pollutant emissions in the atmosphere.

Voskresensk Mineral Fertilizers, OJSC, one of Uralchem Group companies reached minimum impact on the environment in 2009. The plant’s actual emissions were 16.6% of the maximum permitted value. Other Group companies too carried out serious work to reduce harmful impact on the environment –actual pollutant emissions at Mineral Fertilizer Plant of Kirovo-Chepetsk Chemical Works, CJSC and Azot, OJSC both being Uralchem Group companies, have not exceeded 65% of the permitted maximum.

In addition, in 2009 all Uralchem Group companies were able to reduce the quantity of pollutants in effluent water by 15% compared to the year 2008.

Both in 2009 and in 1Q 2010 Uralchem plants did not exceed the general pollutant emission standards. At the same time Azot, OJSC and MFP KCCW, CJSC were able to increase production.

Uralchem, OJSC increased environmental protection costs. In 2009 these costs for Group companies totaled RUR 224.8 million which is a 57.3% increase compared to the year 2008.

During the last year Uralchem Group companies increased several times the number of tests made on the boarder of sanitary protection zone (at least 1000 meters from the enterprises’ production sites). For instance, VMF, OJSC made 98 tests in 2008, and 300 tests in 2009.

Nikolay Leonov, Head of Eco-Team at Uralchem Management, LLC, one of the Group companies said: “Uralchem, OJSC is aware of its social responsibility for maintaining healthy environmental conditions in the regions where the company’s plants operate. The company is pursuing a balanced transparent environmental policy. The Group plans for further consistent decrease in development pressure on the environment. To do that, the company will install cutting-edge eco-technologies to carry out technical re-equipment of the production process; update key production techniques, implement new engineering solutions and use environmentally safe materials to improve environmental characteristics of present production, and will construct and modernize environmental facilities.

           

Public Relations Department
Uralchem, OJSC
tel. +7 (495) 721 89 89
pr@uralchem.com
www.uralchem.com

URALCHEM is one of the largest companies in the nitrogen and phosphate fertilizer markets in Russia and the CIS with annual production capacities of over 2.5 million tonnes of ammonium nitrate, 2.2 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of compound fertilizers and 0.5 million tonnes of urea. URALCHEM is the second largest ammonium nitrate producer in the world and number one in Russia. URALCHEM’s key assets include Kirovo-Chepetsk Chemical Works, OJSC in Kirovo-Chepetsk, Kirov region; Azot, OJSC in Berezniki, Perm region; Voskresensk Mineral Fertilizers, 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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