Russian fertilizer group Uralchem JSC and potash producer Uralkali PJSC could report a combined consolidated EBITDA of $3.8 billion in fiscal year 2022, Interfax has reported, citing co-owner Dmitry Mazepin speaking to Russia’s Rossiya 24 television channel.
The group did not disclose consolidated results for 2021.
According to the report, citing Mazepin, about 25-27% of Uralchem/Uralkali’s revenues now come from settlements in Chinese yuan. The group is trying to increase the amount of settlements it receives in rubles, Mazepin said.