Fertilizers

In January-July the index of chemical production in Russia grows by 6.5%.

Over the seven months of this year the total production of chemicals increased by 6.5%, despite the decrease in production in May and June, according to Rosstat.

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Akron’s Board recommends paying dividends for 9.5 bln rubles

At the meeting on August 17, the Akron’s Board of Directors issued recommendations on the payment of dividends from the company's undistributed profits.

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Uralkali signs agreement on pre-export financing for $850 mln for 5 years

Uralkali, one of the largest potash producers in the world, has signed an agreement with 11 international banks to obtain a loan in the amount of $850 million.

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In Q2, Uralkali increased output of potassium chloride by 19%

In the second quarter of 2017, Uralkali increased the production of commercial potassium chloride by 19.3% to 2.969 million tons. This is stated in the company's quarterly report.

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PhosAgro increases production of mineral fertilizers

The PhosAgro group increased production of mineral fertilizers and feed phosphates by 8.8% in the first half of the year. Sales for the period increased by 11.8%, it follows from the report.

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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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Akron reduces its net profit under RAS by 61% in H1

In the first six months of this year, Akron (the key asset of the Akron Group) increased its revenue, calculated by RAS standards, by 4%.

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In 2000-2016, Kuibyshevazot invested over 60 bln in production dveelopment

In the period from 2000 to 2016, Kuibyshevazot invested more than 60 billion rubles in development of production capacities.

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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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Akron reduces its revenue in rubles by 4%, and increases in dollars by 22%

In the first quarter of the current year, Akron reduced its net profit calculated in accordance with IAS by 88%. The company's revenue decreased by 4%, it follows from quarterly reports.

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