URALCHEM increased procution output in the first half of 2015

MOSCOW, Russian Federation - July 29, 2015 - PRLog -- 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.

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%

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.”