press release uralchem-27_07_15_production_results_1h eng

2
PRESS RELEASE URALCHEM increased production output in the first half of 2015 Moscow – July 27, 2015. As of the first half of 2015, URALCHEM Group enterprises produced 3 million tons of products, which is 3% more than in the comparable period a year earlier. Comparative production figures of the URALCHEM Group’s enterprises (thousand tons): Product 6 months of 2014 6 months of 2015 Change, thousand t Change, % Ammonium nitrate and its derivatives 1,484 1,462 -22 -1% Ammonia 394 438 44 11% Urea 599 599 0 0% Complex fertilizers 267 356 89 33% DAP/MAP 24 23 -1 -4% Other mineral fertilizers 8 11 2,4 30% Other chemical products 129 102 -27 -21% Total 2,905 2,991 86 3% Production of complex fertilizers amounted to 356 thousand tons and increased by 33% compared to the first half of 2014. Output of merchant ammonia increased by 11% and amounted to 438 thousand tons. Production of nitrogen fertilizers, i.e., ammonium nitrate and urea, in general, remained at the high level of the previous year. Dmitry Konyaev, CEO of URALCHEM, JSC: “Trouble-free and stable operation of Group enterprises, together with high capacity utilization in the first half of this year have enabled us to maintain our leading position in the nitrogen segment and increase the production output. The flexibility of our production facilities is a key advantage, and we are committed to offering the most marketable products to the market.”

Upload: alekseyismailov

Post on 15-Aug-2015

5 views

Category:

Business


2 download

TRANSCRIPT

Page 1: Press release uralchem-27_07_15_production_results_1h eng

PRESS RELEASE

URALCHEM increased production output in the first half of 2015

Moscow – July 27, 2015. As of the first half of 2015, URALCHEM Group enterprises produced 3 million tons of products, which is 3% more than in the comparable period a year earlier.

Comparative production figures of the URALCHEM Group’s enterprises (thousand tons):

Product 6 months of 2014

6 months of 2015

Change, thousand t

Change, %

Ammonium nitrate and its derivatives

1,484 1,462 -22 -1%

Ammonia 394 438 44 11%Urea 599 599 0 0%Complex fertilizers 267 356 89 33%DAP/MAP 24 23 -1 -4%Other mineral fertilizers 8 11 2,4 30%Other chemical products 129 102 -27 -21%Total 2,905 2,991 86 3%

Production of complex fertilizers amounted to 356 thousand tons and increased by 33% compared to the first half of 2014. Output of merchant ammonia increased by 11% and amounted to 438 thousand tons. Production of nitrogen fertilizers, i.e., ammonium nitrate and urea, in general, remained at the high level of the previous year.

Dmitry Konyaev, CEO of URALCHEM, JSC: “Trouble-free and stable operation of Group enterprises, together with high capacity utilization in the first half of this year have enabled us to maintain our leading position in the nitrogen segment and increase the production output. The flexibility of our production facilities is a key advantage, and we are committed to offering the most marketable products to the market.”

Public Relations DepartmentURALCHEM, JSC

tel: +7 (495) 721 89 [email protected]

www.uralchem.com

URALCHEM, JSC is one of the largest companies on the nitrogen and phosphate fertilizer market in the Russian Federation and the CIS with production capacities of over 2.8 million tonnes of ammonia, 2.5 million tonnes of ammonium nitrate, 1.2 million tonnes of urea and 0.8 million tonnes of phosphate and compound fertilizers per year. URALCHEM, JSC ranks first in Russia for the production of ammonia and ammonium nitrate and second for urea. Key production assets of URALCHEM, JSC include Azot Branch of URALCHEM, JSC in

Page 2: Press release uralchem-27_07_15_production_results_1h eng

Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow Region.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of URALCHEM. We wish to caution you that these statements are only predictions. We do not intend to update these statements and our actual results may differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, financial risk management and the impact of general business and global economic conditions.