--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20211209-eurochem-is-considering-an-ipo/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # EuroChem is considering an IPO Publication Date: 2021-12-09T15:00:46-05:00 Last Updated: 2021-12-09T11:41:38-05:00 Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![EuroChem is considering an IPO](https://www.fertilizerdaily.com/wp-content/uploads/2021/12/entrepreneur-g02374482d_1920.jpg) Money will definitely not hurt. Russian mineral fertilizer producer EuroChem is considering an IPO to raise funds for business development. Its representatives have already held negotiations with consultants on the IPO, although the final decision has not yet been made. During the first half of 2021, EuroChem increased its revenue by 45% to almost $4.4 billion and free cash flow by 131% to $783 million. Sales of mineral fertilizers jumped by 79% to 3.4 million tons. β€œAn IPO may become a successful instrument of attracting investments for EuroChem, taking into account the favorable situation in the global fertilizer market – the shutdown of many chemical enterprises in Europe and China has inflated fertilizer prices. At the same time, the net debt of EuroChem in the first half of the year exceeded $3.3 billion, and the company is simultaneously implementing a project for the construction of an expensive ammonia and carbamide plant EuroChem Northwest-2. Therefore, additional financials would come in handy,” commented the information and analytical service of Fertilizer Daily. Source: [Bloomberg](https://www.forbes.ru/milliardery/448685-bloomberg-uznal-o-vozmoznom-ipo-evrohima-v-sleduusem-godu?utm_source=yxnews&utm_medium=desktop&utm_referrer=https%3A%2F%2Fyandex.ru%2Fnews%2Fsearch%3Ftext%3D) Tags: [EuroChem](https://www.fertilizerdaily.com/tag/eurochem/), [mineral fertilizers](https://www.fertilizerdaily.com/tag/mineral-fertilizers/) --- **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.