In the first 3 month of 2017, the output of commercial products by URALCHEM’s plants amounted to 1.6 million tonnes, which is a 2% increase year-on-year.

A decrease in the output of ammonium nitrate by 15 thousand tonnes in Q1 was due to the redistribution of weak nitric acid to the production of calcium nitrate. An increase in the production of complex fertilizers by 43 thousand tonnes (24%) was achieved following the redirection of VMF’s capacities previously aimed at the production of phosphate fertilizers, the output of which decreased by 26%, respectively. Overall production performance remained at the level of Q1 2016, showing an increase of 26 thousand tonnes thanks to the stable operation of equipment and a higher daily output.

URALCHEM Group’s commercial output by product types, ‘000 tonnes:

Dmitry Konyaev, CEO of URALCHEM, JSC, said, “In the context of a persisting adverse market environment, URALCHEM keeps pushing and continues to show good operating results. I am sure that the high operating efficiency and professionalism of our team will help us successfully overcome this period that is difficult for the entire agrochemical industry.”