Phosagro (Fosagro)

Phosagro invests 3.2 billion rubles into upgrade of Balakovo branch

PhosAgro launched into commercial operation an ammonia pipeline from the existing main pipeline Togliatti-Odessa to the Balakovo branch of JSC Apatit.

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Oil companies to benefit from stable combination of expensive oil and weak ruble

Last Friday, the main Russian stock indices of the Moscow Exchange (+0.05%) and RTS (-0.37%) finished trading with a moderate mixed deviation in relation to the levels of the previous

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In H1, Fosagro reduced its net profit under IAS by 28%

Fosagro Group completed the first half of the year with the net profit under IAS, adjusted for non-cash items, in the amount of 18 billion rubles.

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PhosAgro's subsidiary increases sulfuric acid production by 50%

The Balakovo branch of JSC Apatit (part of the PhosAgro structure) is completing the project to modernize the sulfuric acid plant SK-17.

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In H1, FosAgro increase production by 13.8%

In the first six months of 2018, FosAgro increased production of fertilizers and feed phosphates by 13.8% year-on-year to 4.5 million tons, the company informs.

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PhosAgro sold 500 thousand tons of fertilizers in the USA in 2018

PhosAgro sold 500 thousand tons of mineral fertilizers in the US this year, the media reported.

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Fosagro’s shareholders to receive 3.11 bln as dividends from undistributed profit

The shareholders of Fosagro have approved decision to pay dividends in the amount of 3.11 billion rubles from retained earnings for 2017, the company reports.

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PhosAgro to invest 50 million rubles in infrastructure development in Tatarstan over three years

In the next three years, PhosAgro will invest 50 million rubles in the development of the logistics infrastructure in Tatarstan, the company's press service informs.

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Phosagro doubles deliveries of mineral fertilizers to Argentine in 3 years

Last year, supplies of Phosagro's mineral fertilizers to Argentina reached 140,000 tons. An important role in this was played by the abolition of the 6% import duty on diammonium phosphate.

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By 2020, Fosagro plans to increase sale of fertilizers in Russia by 13%

Fosagro has planed to increase sales of fertilizers in Russia by 13% by 2020, as it follows from the report of the company.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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