Uralchem Group intends to continue developing cooperation with Nigerian partners. The according plans were highlighted in Moscow at a meeting of the Russia-Nigeria Business Council, held on January 26th at the Chamber of Commerce and Industry of the Russian Federation. The event gathered around 120 representatives of state bodies, commercial organisations and experts from both countries.

The participants discussed a wide range of issues of bilateral foreign trade and offered potential improvements such as effective optimisation of investment-related risks, new approaches to payment transactions, and state support of investment projects and joint ventures.

Dmitry Konyaev, CEO of Uralchem JSC, chair of the Russia-Nigeria Business Council:

Agricultural industry is one of priority vectors of cooperation between Russia and Nigeria. As a global leading producer of mineral fertilisers with extensive agronomical expertise, Uralchem Group can provide a substantial momentum to the development of Nigerian agriculture. We aim for a long-term partnership with the private and public sectors in Nigeria and hope to make a significant boost to the productivity of the whole agro-industrial complex of this West African country.

Uralchem JSC (a part of the Uralchem Group) is one of the world’s largest producers and exporters of nitrogen and compound fertilisers. The Company’s production assets are located in Russia’s Kaliningrad Region, Kirov Region, Moscow Region and Perm Region.

Uralchem Group is a leading global producer of mineral fertilisers and chemical products. Its key assets include three major Russian companies — Uralchem JSC, PJSC Uralkali, and JSC TOAZ — with a cumulative production capacity of over 23 million tonnes. The number of people employed by the Uralchem Group is approximately 38,000.