Fertilizers

In 2018, Fosagro’s net profit fell by 13%

In 2018, the net profit of Fosagro under IFRS decreased by 13% to 22.135 billion rubles, the company reported. The revenues amounted to 233.43 billion (+29%).

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Eurochem places Eurobonds for $700 mln

Eurochem Group AG has announced its successful return to international debt capital markets with a new issue of Eurobonds to the amount of $700 million, the press centre of the company informs.

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PhosAgro to increase fertilizer production by almost 30% under Strategy 2025

The Board of Directors of PhosAgro approved the company's development strategy until 2025.

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Togliattiazot increased its net profit under RAS 8 times to over 7 bln

In 2018, Togliattiazot increased its net profit under RAS 8 times. The company's revenue increased by 27%, it follows from the financial statements of the enterprise.

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In 2018, Uralkali’s net loss was 8.8 bln rubles

In 2018, the net loss of Uralkali under IAS amounted to 8.846 billion rubles against the net profit in the amount of 50.856 billion rubles a year earlier, it follows from the issuer's materials

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Last year, Ukrainian agrarians increased import of fertilizers by 78%

The Ukraine continues to increase consumption of mineral fertilizers. Its demand growth is ahead of the global average. And it is provided mainly by imports.

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Costs of fertilizers import in Azerbaijan are almost $100 mln per year

Costs of fertilizer import to Azerbaijan make up about $ 80-90 million per year.

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Akron to pay dividends in the amount of 130 rubles per share

Shareholders of Akron have approved distribution of part of the company’s profits based on results of previous years, proposed by the Board of Directors, the company reports.

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In January, export of Russian mineral fertilizers exceeded 1.8 mln tons

In January, Russia exported 1.853 million tons of basic types of mineral fertilizers to the total amount of $486.6 million, the Federal Customs Service reported.

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Investors from USA and Europe buy over 50% of Eurochem’s Eurobonds

Investors from the USA bought 33% of the issue of five-year Eurobonds of Eurochem, Russian investors - almost 50%, VTB Bank reports.

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