Eurochem

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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Production of phosphate fertilizers in Kazakhstan up by 72%

In 8 months the companies of the chemical industry of the Republic of Kazakhstan produced 102.3 thousand tons of phosphate fertilizers (+72.2% year-on-year) and 262.1 thousand tons of nitrogen fert

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EuroChem buys Argentine fertilizer distributor Emerger Fertilizantes

The Russian producer of mineral fertilizers EuroChem bought an Argentine private distributor of premium and standard fertilizers Emerger Fertilizantes, EuroChem reports.

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Industry Development Fund may grant loan for 500 mln rubles to Eurochem’s plant

The Industry Development Fund can provide a preferential loan for Nevinnomyssky Azot in the amount of 500 million rubles.

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In 2016, Eurochem’s proceeds under IAS fell by 4%

In 2016, the Eurochem’s proceeds under IAS decreased by 4% compared to the same period last year and amounted to $4.375 billion, the company reports.

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Eurochem to sell a part of its shares of MMTP to SUEK for more than $5 mln

Prior to the deal Eurochem owned 37% of the shares of the port, SUEK- 39.3%.

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In Q3, Eurochem’s profit fell by 6%

In the reporting period, the proceeds of Eurochem amounted to $1.05 billion, decreased by 6% on an annualized basis, the company reports.

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EuroChem plans to hold complex modernization within 5-7 years

EuroChem plans to hold complex modernization of mineral fertilizers production in the Krasnodar region within 5-7 years.

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French Air Liquide to start gas project in Kazakhstan before the end of this year

The French Air Liquide will begin to implement the project for the production of industrial gases in Kazakhstan in 2016, the Minister for Investment and Development of Kazakhstan Jenis Kasymbek rep

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Eurochem plans to invest $1.2 bln in production in 2017

Mineral and chemical company Eurochem plans to invest about $1.2 billion in the production in 2017, the company’s general director of Dmitry Strezhnev said in Astrakhan.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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