PhosAgro news
IPL to close Portland, Australia, SSP plant, Argus Media reports
Argus Media is reporting that Australia-based fertilizer producer Incitec Pivot (IPL) will close its Portland, Victoria, single super phosphate (SSP) plant in May.
PhosAgro concludes reorganisation of production and logistics assets
JSC Apatit, the company’s phosphate fertilizer enterprise located in Cherepovets, Russia, has incorporated JSC Metachem, an enterprise located in Volkhov and JSC PhosAgro-TRANS, a freight-forwarding company in Cherepovets.
PhosAgro to build fertilizer production facility at Metachem site
Total investment in the project is estimated at RUB 23 billion. The project is due to be completed by 2023.
PhosAgro Board of Directors declares 2018 “outstanding”
Andrey Guryev, PhosAgro CEO, said that the company had increased production of fertilizers and feed phosphates by 7.6% y/y.
PhosAgro announces date for publication of 2018 financial statements
The statements will be published on 20 March 2019.
PhosAgro-Region increased sales volumes by 7% in 2018
The Russian-based mineral fertilizer distribution network developed by PhosAgro Group supplied 2.93 million t to the Russian market last year.
PhosAgro opens office in Argentina
This is the second PhosAgro office in Latin America, with the first opened several years ago in Sao Paulo, Brazil.
PhosAgro participates in Russian-British Business Forum
Andrey A. Guryev, PhosAgro's CEO, spoke at a panel session titled ‘Innovations and technologies as a factor of export development’.
PhosAgro announces 3Q18 and 9M18 results
The company’s revenue in 3Q18 rose by 35% y/y to RUB 62.8 billion (US$958 million), while EBITDA grew by 72% y/y to RUB 23.4 billion (US$357 million).
PhosAgro board recommends dividend payment
The company’s Board of Directors made the recommendation after reviewing PhosAgro’s financial and operating performance for the first nine months of 2018.