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PhosAgro celebrates 15 years

Published by , Digital Assistant Editor
World Fertilizer,

PhosAgro has celebrated its 15th anniversary.

PhosAgro CEO, Andrey Guryev, said: “We can be truly proud of what we have achieved in the past 15 years. The company has shown truly impressive growth, has earned its position as a standard-bearer of the Russian chemicals industry, and has secured its spot in the global market. This success was made possible by the entire team, by every single employee.”

Recently, PhosAgro has improved its operating efficiency and expanded its production capacities. Through modernisation and optimisation of business processes, the company has increased production output by 5%-10% every year while also improving labour productivity.

PhosAgro has consistently invested in new technologies and processes that have enabled it to reduce the consumption of energy and non-renewable resources. The company has decreased per-unit energy consumption by 40%. After commissioning its own generating capacities, which are integrated into recently-built mineral fertilizer production lines, several of PhosAgro’s plants have become capable of supplying nearly all of their power needs.

PhosAgro CEO, Andrey Guryev, said: “We have our eyes on the future, and continue to undertake large-scale investments into high-tech production capacities that, we believe, will force inefficient players and high-cost capacities out of the market, helping to reduce the impact on the environment.

“With the launch of our new ammonia and urea production lines next year, we will increase our marketable product output by 25% to 8.1 million t, strengthening PhosAgro’s position among the top three global fertilizer producers.”

The company has increased the number of fertilizer grades it produces from 14 to 33.

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