Date: 7 months ago   Category: Industry

PhosAgro has increased production of fertilizers for 9,8% — to 6,68 million tons — Rambler News Service


The Russian producer of fosforosoderzhashchy fertilizers PhosAgro has reported about increase in production of fertilizers for 9,8% following the results of 9 months 2018, the press service of the company reports. For January-September the company has produced 6,68 million tons of production. Production of fosforosoderzhashchy fertilizers has increased by 4,1%, to 5,1 million tons, and nitric — for 33,8%, to 1,57 million tons. Sales of fertilizers for the reporting period have grown by 12,8%, up to 6,86 million tons, and realization of fosforosoderzhashchy fertilizers has increased by 5,3%, and nitric — for 43,2%. "Following the results of 9 months 2018 of sale to the CIS countries have decreased almost by 60%, in comparison with last year, because of the termination of deliveries to the Ukrainian market that, nevertheless, has been completely compensated by increase in sales to Europe more than for 40% and the 30th growth of deliveries of % to Latin America thanks to expansion of our presence in these markets due to opening of new trade offices. Sales to North America and India have grown more than by 50% in comparison with last year" — the press service cites words of the CEO of PhosAgro Andrey Guryev.

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