Eurochem

EuroChem to supply fertilizers to China's largest agricultural producer

EuroChem signed a memorandum of understanding with Heilongjiang Beidahuang Farms on the supply of fertilizers, the company's press service reported.

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Eurochem attract loan for $820 mln from 13 international banks

EuroChem Group AG, the parent company of Eurochem group, has raised a club loan in the amount of $820 million from the club of 13 international banks, the company's press service reports.

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Eurochem can attract European Bank for Reconstruction and Development to finance project in Kazakhstan for $500 mln

Eurochem has planned to invest about $500 million in construction of a plant in Kazakhstan.

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In Q1, Eurochem increased sales by 2% while reduced EBITDA by 3%

Eurochem increased sales by 2% in the first quarter of 2018.

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EuroChem modernizes three production facilities in Stavropol for 6 billion rubles

EuroChem plans to invest more than 6 billion rubles in the upgrade of Nevinnomyssky Azot. Technical re-equipment of the production of complex fertilizers will be the most expensive project.

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Russian producers increase output of fertilizers

Against the backdrop of rising demand and prices on world markets, Russian fertilizer producers are actively increasing production: in 2017, production increased by 4-16%.

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Eurochem sells gas and gas condensate production asset in Yamal-Nenets autonomous district to Novatek

Eurovhem has completed a deal to sell Severneft-Urengoy, which specializes in gas and gas condensate production. The buyer was a subsidiary of Novatek.

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Eurochem increased its proceeds by 7%, while maintained EBITDA in the first 3 quarters

Eurochem increased its revenue by 7% in the first three quarters of 2017. The EBITDA didn’t change relative to the previous year, the company's financial statements show.

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FAS permits Novatek to buy Severneft-Urengoy from Eurochem

The FAS of Russia has approved the application of Evrotek-Yukh, a subsidiary of Novatek, about the acquisition of 100% in the authorized capital of Severneft-Urengoy from Eurochem.

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Eurochem exchanges gas for gas

The largest chemical holding company in Russia Eurochem has agreed to supply gas to Novatek, to which it sells its main raw material asset Severneft-Urengoy.

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