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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Investcafe
Provider: Investcafe

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PhosAgro OAO Announces Production Guidance for 2013-Interfax

Thursday, 14 Mar 2013 05:37am EDT 

Interfax reported that PhosAgro OAO plans to produce 7.8 million tons of apatite concentrate in 2013, 1.2% less than the 7.9 million tons it turned out in 2012, a Company presentation for Day of the Investor says. Of that, 4.523 million tons will be for domestic use and 3.277 million tons for export. The Company also within four years plans to increase the production of fertilizers by 31% compared with 2012 - to 7.1 million tons. Ammonia production is expected to rise to 1.455 million tons, monoammonium phosphate (MAP) and diammonium phosphate (DAP) output to 2 million tonnes, and compound fertilizers (NPK, PKS, SOP) to 2.4 million tons. The Company announced earlier that in the first quarter of 2013 it planned to reduce its output of diammonium phosphate (DAP) and monoammonium phosphate (MAP) by more than 17% with a one-time increase in the production of nitrogen, phosphorous, and potassium (NPK) and nitrogen, phosphate, and sulphur (NPS) fertilizers of more than 20% year-on-year. 

Company Quote

7.9 +0.60%
10:39am EDT