--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20200508-kuibyshevazots-profit-drastically-declined/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # KuibyshevAzot’s profit drastically declined Publication Date: 2020-05-08T09:00:16-04:00 Last Updated: 2020-05-11T11:43:45-04:00 Author: Sergey Mezhak (https://www.fertilizerdaily.com/author/smezhak/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![KuibyshevAzot’s profit drastically declined](https://www.fertilizerdaily.com/wp-content/uploads/2020/05/il_fullxfull.320008239.jpg) The unfavorable economic environment has influenced financial results. In January-March this year, the KuibyshevAzot plant (Samara region, Togliatti) reduced its product sales by 6.9% to 13.7 billion rubles. The company’s net profit collapsed by 26 times to 77 million rubles. According to the KuibyshevAzot press-release, the key reasons for such a dramatic reduction in the net profit are a decrease in demand and unfavorable price environment. Ammonia production declined by 0,9% in the first quarter of 2020. However, ammonium nitrate output increased by 7,3%. As well as the run-out of carbamide — by 0,2%, ammonium sulfate — by 8,8% and carbamide-ammoniac compound — by 87,6%. Despite the tough economic situation, the company proceeds with the implementation of the highest-priority investment projects. At the moment it is carrying out pre-commission activities at the production of ammonium sulfate-nitrate. The construction of a plant for the K-grade sulfuric acid, improved oleum with a total capacity of 500 thousand tons per year and a new carbamide unit is continuing. Tags: [KuibyshevAzot](https://www.fertilizerdaily.com/tag/kuibyshevazot/), [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.