Fertilizers

Akron reduces its revenue in rubles by 4%, and increases in dollars by 22%

In the first quarter of the current year, Akron reduced its net profit calculated in accordance with IAS by 88%. The company's revenue decreased by 4%, it follows from quarterly reports.

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Uralkali denies delay of launch of Ust-Yaiva and Polovodsk projects

Uralkali hasn’t postponed the launch of the Ust-Yaivinsky and Polovodovsky sites and plans to launch the Ust-Yaivinskoye deposit in 2020, representative of the company reports.

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In Q1, Phosagro’s net profit fell by 46%

In the first quarter of 2017, Phosagro, a mineral fertilizer producer, reduced its net profit under IAS by 46% compared to the same period last year to 12.3 billion rubles.

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Phosagro ’s shareholders can receive dividends in the amount of 2.7 bln rubles

The of Phosagro’s Board of Directors has recommended shareholders to make a decision on paying dividends from undistributed profits at the end of 2016, the company's press centre reports.

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In Q1, Togliattiazot reduced its net profit three times

In the first quarter, Togliattiazot reduced its net profit under RAS three times, the company's revenue decreased 1.6 times, it follows from the quarterly report.

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Kuibyshevazot decreases its net profit under RAS by 10% and increases proceeds by 5%

In the first quarter of this year, Kuibyshevazot reduced its net profit under RAS by 9.7%, while the company's revenue grew by 4.8%, the quarterly report shows.

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In Q1, Akron increased output of fertilizers by 17.8%

In the first quarter of 2017, Akron increased the output of the main marketable products compared with the same period last year by 17.8% to 1.77 million tons.

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Uralkali’s Board recommends not paying dividends for 2016

The Uralkali’s Board of Directors has recommended the annual general meeting of shareholders not to pay dividends for 2016.

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Uralkalii increased production in Q1

In Q1 2017 Uralkalii increased potassium chloride production by 15.38% to 3 mln tons against Q1 2016, the company reports.

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Phosagro reduced capital investment by 6% in 2016

Phosagro reduced capital investment by 6% in 2016. The funds were mainly spent for the construction of new ammonia and carbamide units at the Cherepovets site.

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