Tag Archives: ammonia

Business

URALCHEM Expands Its Own Fleet of Ammonia Transportation Tanks

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In August, URALCHEM’s fleet of rolling stock increased by 100 new ammonia tanks.

Moscow, Russia (August 14, 2014) — In August, URALCHEM‘s fleet of rolling stock increased by 100 new ammonia tanks. A financial leasing contract was signed by URALCHEM-TRANS (part of URALCHEM) and Alpha Leasing. The deal amounted to about 500 million roubles.

The leasing company was chosen on a competitive basis, which allowed URALCHEM to negotiate the best terms for the deal. The new tanks are to be manufactured by the Ruzaevsky Chemical Engineering factory (Ruzhimmash, part of the RM Rail group). URALCHEM-TRANS has long been using Ruzhimmash products. Currently, the company’s fleet includes 533 leased tanks by this manufacturer and another 76 rented.

Expansion of its fleet of ammonia tanks is in line with URALCHEM’s strategy to ensure the independence of its logistics chain. In particular, it is driven by the requirement to reduce its current dependence on leased fleets of other ammonia manufacturers. This allows the company to guarantee uninterrupted supply of raw materials and finished products. By following this strategy in 2012 to 2014, URALCHEM increased the proportion of its own ammonia tanks from 40% to 71% of the total number of tanks in its fleet. In total, URALCHEM’s rolling stock of ammonia tanks consists of 1700 ammonia tanks, of which more than 1200 are owned by the company.

Public Relations Department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
pr@uralchem.com
http://www.uralchem.com

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilizers in Russia 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, OJSC ranks first in Russia for production of ammonia and ammonium nitrate, and second for the production of urea. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in 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.

Business

URALCHEM sets a record in Russia for the production of Ammonia

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URALCHEM set an absolute record in 2013 for the highest output of ammonia in Russia, with the total output of 2.819 million tonnes. Compared with 2012, production grew by 1.3%. The market situation in the ammonia segment of the global fertilizer market allowed the company to steadily follow its general production strategy.

Moscow, Russia (February 5, 2014) — URALCHEM set an absolute record in 2013 for the highest output of ammonia in Russia, with the total output of 2.819 million tonnes. Compared with 2012, production grew by 1.3%. The increased production was achieved through stable work of the units during the year, the implementation of projects to increase daily production at the units in the group’s enterprises in the Perm region and in Kirovo-Chepetsk, as well as through shortening repair down-time. The market situation in the ammonia segment of the global fertilizer market allowed the company to steadily follow its general production strategy.

URALCHEM’s production of major commodity products in 2013 comprised 6.039 million tonnes, 0.3% higher than a year earlier. Production of ammonium nitrate and its derivatives was 2.789 million tonnes, an increase by 7% compared to the same period last year. Monitoring the market situation, the company adjusted its production to the existing demand. Production of ammonia was decreased by 3% to 768 thousand tonnes. Urea production decreased by 2% to 1.138 million tonnes. Production of compound fertilizers decreased by 5%, to 581 thousand tonnes. Production of phosphate fertilizers (MAP / DAP) decreased by 13%, to 433 thousand tonnes.

Dmitry Konyaev, CEO of URALCHEM, OJSC, commented on the results, “In 2013 URALCHEM cemented its leadership of the nitrogen segment. It retained first place in Russia for the production of ammonia and ammonium nitrate, and the second in the production of urea. At the same time, an unfavourable situation for manufacturers in the global fertilizer market has reduced the output of certain products, primarily phosphorus fertilizers. In difficult market conditions, URALCHEM showed its significant margin of safety and ability to develop. In 2013, we successfully completed our largest logistics project when we opened a terminal in Riga for transhipment of bulk fertilizers with the capacity of up to 2 million tonnes per year. We signed an agreement on cooperation with the world’s top developer and licensor of urea processes, Stamicarbon. At the end of 2013 we acquired a 19.99 % stake in Uralkali, which we see as a strategic investment in one of the most profitable and promising sectors of the fertilizer market.”

For more information, please visit the Company web site http://www.uralchem.com or use the following contact information:

PR Department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
Email: pr@uralchem.com
Web: http://www.uralchem.com

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in 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.

Business

URALCHEM Adds 300 Units to its Fleet of Rail Cars

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URALCHEM OJSC is increasing by 300 its own fleet rail cars for the transportation of mineral fertilizers and liquid ammonia.

Moscow, Russia (September 19, 2013) — URALCHEM OJSC is increasing by 300 its own fleet rail cars for the transportation of mineral fertilizers and liquid ammonia. URALCHEM-TRANS (part of the URALCHEM group) will operate the new cars, along with the rest of URALCHEM’s rolling stock. The cars will be acquired through capital lease agreements, with the participation RB Leasing, LLC. The transaction value exceeds 700 million roubles.

Of the 300 cars purchased, 200 mineral wagons and 100 tank cars are manufactured in Russia. All the cars will be transferred to URALCHEM-TRANS in September and October 2013 and will be used to replace an existing fleet that is being retired. Since the end of 2012, URALCHEM-TRANS’ rolling stock has increased by 500 new cars. Today, the total number of cars under the management of URALCHEM-TRANS is around 8.5 thousand units.

The Director of URALCHEM-TRANS, Vsevolod Kovshov commented: “The planned renovation and expansion of the fleet is one of our key areas of work to ensure the safety of the logistics of the company. The new deal allows us to increase the share of our own rolling stock in the fleet in accordance with the strategic objectives of the Group. The new rolling stock will be used to replace leased, obsolete and worn out cars.”

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PR department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
E-Mail: pr@uralchem.com
Web: http://www.uralchem.com

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in 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.

Business

URALCHEM Increased Production in the First Half of 2013

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Production from all enterprises in the URALCHEM group of companies amounted to 3.14 million tons in the first half of 2013. Output increased by 0.7% compared to the same period last year.

Moscow, Russia (July 15, 2013) — Production from all enterprises in the URALCHEM group of companies amounted to 3.14 million tons in the first half of 2013. Output increased by 0.7% compared to the same period last year.

Production of ammonium nitrate reached 1.42 million tons, an increase by 1% over the same period last year. Ammonia production increased by 1% to 412 thousand tons. Urea production rose to 613.8 thousand tons, which is 2% more than in the first six months of 2012. Output of complex fertilizers (NPK) increased by 1% to 293.2 thousand tons. Production of phosphate fertilizers (MAP / DAP) decreased by 3% to 245.2 thousand tons.

Dmitry Konyaev, CEO of URALCHEM, OJSC, commented on the results for the first half of 2013, “As a result of ongoing projects to improve production efficiency, URALCHEM is continuing to increase output of its key nitrogen products, thereby maintaining a leading position among Russian manufacturers. During the period, the dynamics of phosphate fertilizer production reflected the overall situation on the global market for mineral fertilizers. The continuing low consumer activity in Asian countries, especially in India, has led to a global decline in the prices for phosphate fertilizers. URALCHEM’s wide range of products allows us to respond flexibly to changes in the market. The company continues to expand its product portfolio and has now entered a new niche, that of water-soluble fertilizers. These high-margin products are the fastest growing segment of today’s global market.”

-Ends-

PR department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
E-Mail: pr@uralchem.com
Web: http://www.uralchem.com

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in 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.