--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20230317-phosagro-finished-the-year-of-2022-with-a-profit/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # PhosAgro finished the year of 2022 with a profit Publication Date: 2023-03-17T15:00:44-04:00 Last Updated: 2023-03-17T07:01:56-04:00 Author: Andrey Viktorov (https://www.fertilizerdaily.com/author/aviktorov/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/) ![PhosAgro finished the year of 2022 with a profit](https://www.fertilizerdaily.com/wp-content/uploads/2023/03/image011.jpg) The company is ramping up production. The Board of Directors of PhosAgro, one of the world’s leading producers of phosphorus fertilizers, recognized the results of the company’s work in 2022 as successful. According to the statement of Mikhail Rybnikov, CEO of PhosAgro, last year, despite external challenges, the company managed to maintain strong growth dynamics. PhosAgro has achieved significant success in the production and marketing of products, in terms of the implementation of the investment program. In 2022, a historic record was set. The company’s enterprises produced 11.1 million tons of mineral fertilizers. This is almost 5% higher than in 2021. Such a result became possible thanks to continuous large-scale investments in the company’s capital stock and the professional work of the entire workforce. PhosAgro is not going to slow down in 2023. In the January-February period of this year, the company increased the production of sulfuric and phosphoric acids by 17% and 22%, respectively, compared to the beginning of 2022. Tags: [mineral fertilizers](https://www.fertilizerdaily.com/tag/mineral-fertilizers/), [PhosAgro](https://www.fertilizerdaily.com/tag/phosagro/), [phosphorus fertilizer](https://www.fertilizerdaily.com/tag/phosphorus-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.