KuibyshevAzot plans to launch the new granulation unit

In the January-March period of 2021, the KuibyshevAzot plant (Samara region, Togliatti) increased its production of ammonia by 1% and ammonium sulfate by 6.3%, however, the output of ammonium nitrate declined by 4.1%, carbamide by 5.3% and carbamide-ammoniac compound by 33.7%.

The company’s revenue in the 1Q2021 raised by 17.1% to 16.1 billion rubles (approximately $217 million), and its net profit increased by 33.8 times to 2.6 billion rubles (approximately $35 million).

KuibyshevAzot continues the implementation of its investment projects, particularly the construction of a new granulation and evaporation unit. The construction is planned to be completed by the end of 2021.

Add Fertilizer Daily to your followed sources to get market news first  

Enjoyed the story?

Once a week, our subscribers get their hands first on hottest fertilizer and agriculture news. Don’t miss it!

SEE THE EXAMPLE

GET THE NEWSLETTER!