URALCHEM Produces 3 Million Tons of Products in the First Six Months of 2016

28.07.2016
URALCHEM Produces 3 Million Tons of Products in the First Six Months of 2016

In the first six months of 2016, URALCHEM Group produced 3 million tons of commodity products, which corresponds to the high level from the same period last year.

Comparative output indicators of URALCHEM Group enterprises (thousand tons):

Product

6m 2015

6m 2016

Change, thousand t

Change, %

Ammonium nitrate and its derivatives

1 462

1 474

12

1%

Merchant ammonia

438

420

-18

-4%

Urea

599

559

-40

-7%

Complex fertilizers

356

354

-3

-1%

MAP

                        23

91

68

300%

Other mineral fertilizers

10,54

11,34

0,8

8%

Other chemical products

104

115

11

11%

Total

2 993

3 025

32

1%

The company managed to significantly increase the output for MAP products (monoammonium phosphate 12:52 and monoammonium phosphate special water-soluble 12:61). URALCHEM produced 91 thousand tons of these products, which is 300% higher than the totals from the first six months of last year. The production of ammonium nitrate generally remained at the high levels seen in 2015.

Despite the complexity of the global market for mineral fertilizers, URALCHEM has maintained the high production efficiency it had in the same period of the previous year, including in the nitrogenous fertilizers sector, which is the most popular in the domestic market. After the relaunch of Voskresensk Mineral Fertilizers the output of phosphorus fertilizers has increased. The company has recently completed a large-scale investment project boosting its production level. High production efficiency allows the company to act confidently and continue growing, even under the negative impact of external factors.