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# Togliattiazot reduced carbamide sales by 5%

Publication Date: 2021-08-25T15:00:20-04:00
Last Updated: 2021-08-25T11:01:24-04:00

Author: Andrey Viktorov (https://www.fertilizerdaily.com/author/aviktorov/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Togliattiazot reduced carbamide sales by 5%](https://www.fertilizerdaily.com/wp-content/uploads/2021/08/coins-finance-financial-money-ruble-symbol-1455629-pxhere.com_.jpg)

Revenues have sharply increased.

In 1H2021 the Togliattiazot plant (Samara region) reduced ammonia production by 0.8% to 1.503 million tons, while increased carbamide output by 1% to 0.498 million tons. The preservation of production volumes became possible due to the stable non-stop operation of the units, which is a consequence of the strategic program for the modernization of capacities implemented since 2012.

Sales of ammonia increased by 0.3% to 1.248 million tons, however, sales of carbamide fell by 5% to 0.476 million tons.

In the January-June period of 2021, the revenue of Togliattiazot jumped by 70% to 45.5 billion rubles (approximately $615 million), and net profit increased by 22.3 times to 15.6 billion rubles (about $211 million).

Togliattiazot is one of the largest ammonia producers in Russia and the world.

Tags: [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/), [Samara Region](https://www.fertilizerdaily.com/tag/samara-region/), [TogliattiAzot](https://www.fertilizerdaily.com/tag/togliattiazot/)

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