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PhosAgro news

PhosAgro releases 9M19 financial results

The company's revenue in 3Q19 rose by 3% y/y to RUB64.6 billion (US$1.0 billion) mainly due to higher sales in priority markets. Revenue for 9M19 increased by 12% y/y to RUB195.0 billion (US$3.0 billion).

 

PhosAgro and Kropz sign MoU

The two companies agreed to evaluate opportunities to exchange information and technical expertise in order to increase the capacity of the South African company’s projects both in South Africa itself, including Elandsfontein, the country’s second largest phosphate deposit, and in the Republic of the Congo and Ghana.

 

PhosAgro releases 3Q19 and 9M19 results

The company's total fertilizer production in 3Q19 increased by 15.2% y/y to 2460.4 kt. Fertilizer output for 9M19 grew by 7.2% y/y to 7162.0 kt.

 

PhosAgro joins European Sustainable Phosphorus Platform

The association includes international companies and organisations involved in fertilizer production, the search for innovative solutions and research in the field of fertilizers, phosphorus management and recycling, and mineral and organic fertilizer innovation.

 
 
 
 

PhosAgro EGM approves dividends

PhosAgro has announced that an extraordinary general meeting of shareholders has approved the payment of dividends in the amount of RUB9324 million, or RUB72/share.

 
 

PhosAgro welcomes EU-wide cap on cadmium levels in fertilizers

PhosAgro has welcomed the final decision taken at the level of the European Parliament and the European Council to limit the sale of phosphate-based fertilizers containing high levels of heavy metals everywhere in the EU from 2022.