Fertilizers

Grodno Azot reduces output of commercial products by 2.4% in March 2018

Grodno Azot (Republic of Belarus) reduced the output of marketable products by 2.4% in March 2018.

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EuroChem and Migao plan to extend production of fertilizers in China

EuroChem and Migao have planned to expand fertilizer production in China, the Prime reports with reference to head of the company Dmitry Strezhnev.

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Uralkali profit down by 40% but expects rise in potassium prices this year

Uralkali net profit for the last year dropped by 38%, to $875 million, due to exchange rate differences, while showing growth of revenue, EBITDA, as well as debt reduction.

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Akron reduces its net profit under IAS by 44% and increases proceeds by 6%

Akron reduced its net profit under IAS by 44% in 2017. The company's revenue increased by 6%, as it follows from the annual report.

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Togliattiazot reduced its net profit under RAS 1.5 times in 2017

In 2017, Togliattiazot reduced its net profit calculated according to RAS 1.5 times. The company's revenue decreased by 5%, as it follows from the financial statements.

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Fosagro reduced proceeds by3% and net profit under IAS – by 58% over the year

Fosagro Group reduced its IAS revenue by 3% in 2017. In the fourth quarter, the revenue grew by 14%, as it follows from the annual reports.

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Fosagro’s Board of Directors recommends paying dividends in the amount of 1.94 bln rubles

The Fosagro’s Board of Directors has issued recommendations to its shareholders meeting on payment of dividends in the amount of 1.943 billion rubles from retained earnings at the end of 2017

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Uzkhimprom's production of marketable products up by 9.3% in two months of 2018

"Uzbek state joint-stock company Uzkhimprom (Uzkimesanoat) has increased production of commodity products in value terms by 9.3% in January-February 2018, the company's press service infor

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Kiev imposes temporary embargo on mineral fertilizers from Russia

Kiev has completely banned supply of Russian mineral fertilizers to the Ukraine until the authorities decide how to reduce their dependence on them.

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Gazprombank to fund KuybyshevAzot's investment programme

Gazprombank and PJSC KuybyshevAzot signed a loan agreement worth 10 billion rubles, the bank's press service reports.

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