Moscow-Russian fertilizer producer UralChem OJSC reported that production volume at all enterprises of the UralChem Group increased by 10 percent in 2010 compared to 2009, totaling 4.861 million mt. The company said ammonia production increased by 24 percent at nearly 516,000 mt, DAP production by 446 percent at more than 211,000 mt, and MAP by 842 percent at more than 334,000 mt. The company attributed its higher results to favorable market conditions and growing demand from Russian and western consumers. Urea production, at 447,650 mt, was down 15 percent from 2009, while production of ammonium nitrate and its derivatives increased just 1 percent at 2.5 million mt. “All enterprises of UralChem Group are working at full capacity,” said UralChem CEO Dmitry Konyaev. “In 2010 we planned to reach the volume of 4.5 million mt of mineral fertilizers but we were able to outstrip the target. We intend to increase the production volume every year and reach the volume of 5.5 million mt in 2014.”
Transparency Across the Fertilizer Value-Chain