PhosAgro reports production growth
During the first half of this year, PhosAgro increased the production of nitrogen fertilizers by 2.6% to 1.266 million tons and phosphorus – by 6% to 4.054 million tons. Sales of nitrogen fertilizers remained almost unchanged and amounted to 1.346 million tons, while the sale of phosphorus fertilizers increased by 15.8% to 4.335 million tons.
“PhosAgro demonstrates strong operating results due to the successful implementation of its investment projects and smart marketing policy. Therefore, by the end of 2022, the company will most likely show an increase in the production and sales of mineral fertilizers,” commented the information and analytical service of Fertilizer Daily.