In February the Russian enterprises of the chemical industry maintained a positive dynamics of growth of manufacture of basic chemicals.
The Fosagro’s Board of Directors has recommended the shareholders' meeting to made a decision to spend 3.9 billion rubles to pay dividends for 2016, the press centre of Fosagro reports.
In 2017, Uralkali plans to refinance about $1.4 billion and to pay off $300 million of its debt, said director of economics and finance Anton Vishanenko at the conference call with investors.
In 2016, Uralchem increased production of marketable products by 3% compared to last year to record 6.06 million tons, the company reports.
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.
The Akron group increased the shipment of mineral fertilizers to the Russian market by 20% in 2016.
In 2016, Fosagro increased the volume of the fertilizers production by 9.4% compared with 2015 to 7.4 million tons, the company reports.
In December Russian enterprises of chemical industry retained a high level of capacity utilization, the release of basic chemicals increased by 2.2% compared with November.
The Acron group increased output by 13.5% in 2016 to 6.5 mln tons against 2015. Production of fertilizers grew by 19.8% to 5.3 mln tons in 2016.
VTB Bank with participation of Roseximbank and the Russian export credit agency Exsar has opened a credit line to Uralchem for $150 million, the credit institution reports.