Russian fertilizer group PhosAgro PJSC, Moscow, reported that it increased production in the first quarter by 6% compared to the same period last year, according to an Interfax report, citing PhosAgro CEO Mikhail Rybnikov.
The group provided no breakdown of the quarter’s output, but it confirmed plans to increase production in 2023 to 11.3 million mt, which if achieved, would be a 2% increase over 2022’s 11.1 million mt (GM March 10, p. 26).
PhosAgro said the main drivers of production growth are a new 1 million mt/y phosphate fertilizer plant in Volkhov in Russia’s Leningrad region, where it launched the first stage of MAP production in March 2021 (GM March 12, 2021).
A second-stage development program is also being completed at the group’s production complex in Balakovo.