URALCHEM increased production output in the first half of 2015

27.07.2015
URALCHEM increased production output in the first half of 2015

Moscow – July 27, 2015. As of the first half of 2015, URALCHEM Group enterprises produced 3 million tons of products, which is 3% more than in the comparable period a year earlier.

Comparative production figures of the URALCHEM Group’s enterprises (thousand tons):

Product

6 months of 2014

6 months of 2015

Change, thousand t

Change, %

Ammonium nitrate and its derivatives

1,484

1,462

-22

-1%

Ammonia

394

438

44

11%

Urea

599

599

0

0%

Complex fertilizers

267

356

89

33%

DAP/MAP

24

23

-1

-4%

Other mineral fertilizers

8

11

2,4

30%

Other chemical products

129

102

-27

-21%

Total

2,905

2,991

86

3%

Production of complex fertilizers amounted to 356 thousand tons and increased by 33% compared to the first half of 2014. Output of merchant ammonia increased by 11% and amounted to 438 thousand tons. Production of nitrogen fertilizers, i.e., ammonium nitrate and urea, in general, remained at the high level of the previous year.

Dmitry Konyaev, CEO of URALCHEM, JSC: “Trouble-free and stable operation of Group enterprises, together with high capacity utilization in the first half of this year have enabled us to maintain our leading position in the nitrogen segment and increase the production output. The flexibility of our production facilities is a key advantage, and we are committed to offering the most marketable products to the market.”