https://en.sputniknews.africa/20240608/russias-uralchem-intends-to-increase-fertilizer-supplies-to-africa--southeast-asia-in-2024-1066934138.html
Russia's Uralchem Intends to Increase Fertilizer Supplies to Africa & Southeast Asia in 2024
Russia's Uralchem Intends to Increase Fertilizer Supplies to Africa & Southeast Asia in 2024
Sputnik Africa
Uralchem is one of the largest mineral fertilizer companies in Russia and Eastern Europe. Its assets include Uralkali, the world's largest potash fertilizer... 08.06.2024, Sputnik Africa
2024-06-08T12:58+0200
2024-06-08T12:58+0200
2024-06-08T13:46+0200
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Russia's giant fertilizer producer Uralchem intends to increase fertilizer deliveries to Southeast Asia and Africa this year, seeing positive dynamics in both sales and consumption this year, the company's Chairman of the Board of Directors, Dimitry Tatyanin, told Sputnik on the sidelines of the ongoing St. Petersburg International Economic Forum (SPIEF).Commenting on prices in the fertilizer market, Tatyanin described them as stable. "We expect that the second half of the year will have about the same dynamics as the first five months, which were positive both in terms of sales and consumption," he added.The Uralchem CEO noted that the company also has a number of joint projects with other countries and remains open to new proposals and cooperation with partners around the world.
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economy, russia, southeast asia, asia, russia-africa cooperation, fertilizers, uralchem-uralkali group, agriculture, export, trade
Russia's Uralchem Intends to Increase Fertilizer Supplies to Africa & Southeast Asia in 2024
12:58 08.06.2024 (Updated: 13:46 08.06.2024) Muhammad Nooh Osman
Writer/Editor
Uralchem is one of the largest mineral fertilizer companies in Russia and Eastern Europe. Its assets include Uralkali, the world's largest potash fertilizer producer, and it controls Tolyattiasot, Russia's largest ammonia producer and one of the leading urea producers.
Russia's giant fertilizer producer Uralchem intends to increase
fertilizer deliveries to Southeast Asia and Africa this year, seeing positive dynamics in both sales and consumption this year, the company's Chairman of the Board of Directors, Dimitry Tatyanin, told Sputnik on the sidelines of the ongoing St. Petersburg International Economic Forum (SPIEF).
"Traditionally, three-quarters of the potash we produce is exported. As for the nitrogen group, more than half goes to the domestic market. If we talk about geography, this year we expect to increase deliveries to Southeast Asia and Africa," he said.
Commenting on prices in the fertilizer market, Tatyanin described them as stable. "We expect that the second half of the year will have about the same dynamics as the first five months, which were positive both in terms of
sales and consumption," he added.
The Uralchem CEO noted that the company also has a number of joint projects with other countries and remains open to new proposals and cooperation with partners around the world.
"As for possible acquisitions and joint ventures, we have a number of ideas in the pipeline. We will tell you about them when the time is right," he added.