Mineral fertilizer plants of URALCHEM, OJSC have become the object of close attention of Grigory Rapota, the President’s Special Representative in the Volga Federal District and his Deputy, Aleksey Kubrin – during their official trip to Perm and Kirov Regions. The officials were interested in innovative mineral fertilizer production technologies that Azot, OJSC, Berezniki, Perm Region and MFP KCCW, CJSC, Kirovo-Chepetsk, Kirov Region adopt and apply.

Anti-crisis eco-explosive technology by URALCHEM. During the crisis, optimization and economy are more important than. In the mineral fertilizer production process, URALCHEM employees isolated a solution that may be used to produce the newest and purest explosive.

Environment is one of priorities for URALCHEM and the enterprises owned by the company. In 2008 Mineral Fertilizer Plant of Kirovo-Chepetsk Chemical Works (MFP) spent over 600 million roubles in order to protect the environment.

Despite the world financial crisis, Azot, OJSC is developing and gaining momentum. This URALCHEM subsidiary has everything: unique investment projects, well-balanced sales and innovative developments that are always in demand.

The conditions today in Russia are favourable for development of agriculture. As import is getting more expensive, Russian agrarians have actual opportunity to make profit while selling their production inside the country. However, bad financing may prevent them from doing so: it is likely that not all agricultural producers had the opportunity to purchase necessary fertilizers. In this case, Russian government and mineral fertilizer producers will help the agriculture.

Today, as banks are reluctant to grant loans and set high interest rates, Uralchem, the agrochemical holding company arranged the repayment of a part of their credit to be put off by 3 years. So, for debt servicing this year the company will need 130 million dollars instead of 463 million. And Uralchem even hopes to reduce this amount too. Experts say that banks made concessions because agrochemical industry was one of the first to show the signs of recovery.

Having considered the appeal by Apatite, OJSC (PhosAgro), on March 2, the Ninth Arbitration Court of Appeal in Moscow held to force Apatite to conclude a direct long-term contract with Voskresensk Mineral Fertilizers, OJSC (URALCHEM) for supplies of apatite in 2009−2011.

Russian Nitrogen and Phosphate fertilizer producer, UralChem, has posted a 9M 2008 Net profit of $363.3 million under IFRS. The bottom line result is well up from the $18.4 million posted over the same period 2007, and came on the back of Revenues of $1.62 Billion, up from 305 million for 9M 2007, with EBITDA coming in at $643 million, up from $208 million in the corresponding period 2007.

URALCHEM, OJSC announced today that URALCHEM Trading House, LLC had started its operations. A release by the Company says that the Trading House’s key goal is to arrange sales and promote the products of the Company’s enterprises in the markets of Russia and the CIS.

Russian Ministry of Natural Resources and Ecology awards Kirovo Chepetsk Chemical Works Mineral Fertilizer Plant as the Winner of the Prize for the Best Environmental Project of 2008.