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Regional presence at a glance

Regional operations and information

The German language version of our website provides a short description of our main areas of business. Die deutsche Version unserer Webseite enthält eine kurze Beschreibung der Geschäftsbereiche des Unternehmens.

Wer wir sind

EuroChem ist ein vertikal integriertes Unternehmen der Agrarchemie, das kostengünstige natürliche Ressourcen und Produktionssstätten mit eigenen Logistikfacilitäten und globalen Beratungs- und Vertriebsplattformen verbindet.

Zur Zeit produzieren wir stickstoff- und phosphathaltige Düngemittel. In naher Zukunft werden wir unsere Produktpalette um Kaliprodukte erweitern. Wir setzen bei unseren Produkten auf hohe Qualität. Unser Portfolio umfasst sowohl Standardprodukte als auch eine wachsende Palette an Langzeit- und Spezialdüngemitteln, die zunehmend an Bedeutung gewinnen.

Unsere internationalen Produktionsstandorte in Russland, Litauen, Kasachstan und Belgien wurden vor Kurzem durch ein Joint-Venture in China ergänzt. In Verbindung mit unserem Logistik- und Vertriebsnetz in derzeit mehr als 25 Ländern ermöglichen uns diese Produktionsanlagen einen perfekten Zugang zu unseren Schlüsselmärkten.

Unser Unternehmen wächst schnell und wir streben an, in drei Jahren, bezogen auf Nährstoffkapazität, weltweit zu den Top 5 zu gehören.

Was wir tun

Mit rund 23.000 engagierten Mitarbeitern entwickeln wir uns schnell zu einem der weltweit größten Unternehmen im Bereich der Agrarchemie.

Wir betreiben Produktions-Anlagen in Russland, Belgien, Litauen und China und stellen mehr als 100 Standard- und Spezialprodukte her, unter anderem eine umfangreiche Palette an Stickstoff-, Phosphat- und Mehrnährstoffdüngern, Säuren, Gasen, Enteisungsmitteln, organischen Syntheseprodukten und mineralischen Rohstoffen. Diese geografisch und technisch diversifizierten Anlagen und die entsprechende Produktpalette erlauben es uns, schnell auf sich verändernde Marktnachfragen zu reagieren. Dies bringt uns einen entscheidenden Vorteil gegenüber Wettbewerbern auf den globalen Märkten.

Im Rahmen von unseren Herstellungsprozessen können weitere Produkte wie z. B. Melamin und synthetische Merchant-Grade Essigsäure (MGA) produziert werden. Ebenso produzieren wir Futterphosphate, eine wichtige Ergänzung für die Rinder-, Geflügel- und Schweinehaltung. EuroChem ist der weltweit einzige Hersteller von Baddeleyit-Konzentrat, das in der Produktion von feuerfesten Materialien und in der Elektrokeramik eingesetzt wird. Zudem ist EuroChem in Russland der einzige Hersteller von Melamin , das in der russischen Bau- und Automobilindustrie starke Verwendung findet.

Investoren

Obwohl EuroChem auch weiterhin ein privat geführtes Unternehmen bleibt, legen wir größten Wert auf Transparenz. Wir sind stolz auf unsere einzigartige Geschichte und möchten unsere Stakeholder nicht nur über unsere Investitionen, sondern bereits im Vorfeld über alle größeren Kapitalmarkttransaktionen informieren.

Nachhaltigkeit

Nachhaltige Entwicklung ist ein zentraler Aspekt unseres Unternehmensziels zu einem der fünf größten Düngemittelhersteller weltweit zu werden. Weltweit unterstützt unsere Unternehmensstrategie die Bemühungen verbesserte Erträge und landwirtschaftliches Wachstum zu genererieren und damit in mehr als 100 Ländern die Nahrungsgrundlage zu sichern.

Presse

Der Pressebereich dieser Webseite soll Ihnen einen Einblick in das Unternehmen EuroChem ermöglichen. Hier finden Sie aktuelle Neuigkeiten und Fotos.

Kunden

Unsere Produkte unterstützen mehr als 6.000 Kunden in über 100 Ländern markt- und saisonübergreifend. Unser Logistiksystem gewährleistet in Verbindung mit unserem weltweiten Verkaufs-und Vertriebsnetz einen kontinuierlichen Produktfluss. Dies ermöglicht es uns das richtige Produkt zum richtigen Zeitpunkt an den richtigen Ort zu liefern.

Unsere Kunden profitieren von unserem globalen Verkaufsnetz. Wir verfügen über Vertriebs- und Lagerstandorte in Russland, den GUS-Staaten, Europa, Asien, Brasilien sowie Nordamerika und Mexiko.

Unsere Vertriebszentren beraten Landwirte hinsichtlich der Verbesserung ihrer Ernteerträge und überwachen und optimieren den Einsatz von Düngemitteln.





EuroChem in the news

Are enhanced efficiency fertilizers the answer to feeding the world?

Dr Thomas Mannheim, Head of Global R&D, EuroChem, Switzerland

Fertiliser Focus, January/February 2019 edition

Few innovations have had as great an impact on society as nitrogen fertilizer. Yet I am struck by the extent to which this incredible discovery is often taken for granted. The Haber-Bosch process made modern ammonia-based fertilizers possible and, following the subsequent development of products that enabled more nitrogen to reach plants as they grew, enabled farmers to achieve huge increases in crop yields.

You might think, therefore, that fertilizers would make every list going of the ‘greatest innovations ever.’ However, in many recent articles attempting to sum up man’s greatest achievements, one learned author after another seems to prefer the printing press, the compass, electricity, transistors, antibiotics, steel and even paper currency – and, of course, the internet.

I am not going to say these are not important innovations in their own right, but fertilizers are often nowhere to be seen, despite the fact that about half the food we produce on Earth is grown thanks to nitrogen fertilizer.

It was gratifying, therefore, to read a recent blog post by Microsoft cofounder Bill Gates (www.gatesnotes. com) about his obsession with fertilizers. As he says, he has never been shy about his passion for fertilizer:

“It’s a magical innovation that’s responsible for saving millions of lives from hunger and lifting millions more out of poverty by boosting agricultural productivity.”

So why doesn’t everyone share Bill Gates’ enthusiasm? Do we in the industry even extol the virtues of our own products enough? Perhaps, like others, we take our amazing innovation for granted because we work with fertilizers day in, day out. If that is the case, we need to stop and recognize the innovative contribution that our industry has made – and must continue to make – to society.

For we certainly cannot stop innovating. The well-known forecasts of the United Nations Food and Agriculture Organization are a stark reminder of the progress we must continue to make.

Boosting food production

Some 795 million people are still chronically hungry today, the UN asserts. And to meet the food demands of a fast-growing population set to reach 9.7 bn by 2050, we are going to need to boost food production by around 60% by then. It is a very tall order.

 

Just how tall an order it is occurs to me whenever I meet colleagues in the fertilizer industry during the course of the year at congresses and other events. Why? Because the question of how we will manage this amazing feat is never far from our lips.

Of course, some will suggest that evergreater use of fertilizer is a solution, but this is not really a viable option, because it comes at a cost. While most of us accept that fertilizers will remain a vital part of the equation in growing food in future, there are few who believe its use can continue unabated in the face of climate change.

In fact, there are plenty of us in the research community who believe we must go further and find innovations that will ensure we do not just enable farmers to keep improving yields, but also help to curb the environmental footprint of the agricultural sector at the same time. In the face of mounting environmental considerations as society recognizes the risks of climate change, the answer is therefore not more fertilizer, but better fertilizer.

Pressure groups are not merely supporting calls for such progress in our industry, but demanding it, with some asking regulators and lawmakers to start requiring manufacturers to produce nitrogen fertilizers with compounds that will increase their efficiency and reduce their environmental footprint.

Improving inputs

The widespread use of such compounds could substantially cut nitrogen pollution, improve yields and thereby enable farmers to grow the food the world needs without the environmental impact that might otherwise be expected.

So, if the aim is to achieve further improvements in agricultural output without untoward environmental consequences then improving nitrogen management will be critical. This work has been underway in our industry for years. What appears to be needed now, however, is an acceleration of our efforts.

‘Enhanced Efficiency Fertilizers’ (EEFs) represent a breakthrough in our industry, one perhaps worthy of comparison with the original HaberBosch method. This is, of course, more of a cover-all term for the number of alternatives that we in the industry are researching and developing.

On the one hand, some EEFs control nutrient release or influence reactions involved in their use by converting nitrogen into different forms that may reduce their loss to the environment – whether this is through leaching into the ground, denitrification through nitrous oxide emissions into the atmosphere or the loss of nitrogen in the form of ammonia gas.

The use of EEF inhibitors – such as nitrification or urease inhibitors, which are designed to control nitrogen metabolism in soil immediately minimizing the effects of leaching and the evaporation of nitrogen. Nitrification is a process where bacteria convert ammonium forms of nitrogen into nitrate. With new technologies, nitrous oxide (N2O), a gas which contribute 296 times more per kilogramme to climate change than carbon dioxide (CO2), is originated as a side product of the conversion of ammonia to nitrate and emissions can reduced by 80%. The addition of compounds to nitrogen fertilizers can substantially reduce the rate at which this happens. Likewise, urease inhibitors restrict the conversion of urea to ammonium, so it reduces losses of ammonia volatilization. Both technologies can be combined on urea fertilizers, closing all possible gaps for nitrogen losses.

So there are varied approaches to the task of developing products that help farmers manage nutrient delivery to crops. All this research and development comes at a cost and in the highly price-sensitive market in which we operate, the challenge is to show there is a convincing cost-benefit analysis for farmers.

Tackling climate change

Scientists can make the case for EEFs appear resounding, but the results of laboratory analysis, field trials and product literature are often not enough. Translating the academics’ say-so and marshalling appropriate arguments to win over sceptical endusers remains a challenge.

There is already a growing body of literature that spells out how the agriculture sector can contribute significantly to climate mitigation efforts. In a world where discussion of climate change is mostly less focused on whether it is taking place but on how to tackle it, there is increasing recognition of the role that agriculture can play by reducing its non-CO2 emissions. To some degree, the extent to which agriculture will itself contribute to these important reductions will likely depend on how ambitious it decides to be, how much it will cost to do it and whether there are financial incentives available to provide some additional necessary encouragement.

Some incentives will doubtless come in certain markets through regulation. With much research already indicating that EEFs can play a significant role in more sustainable agricultural production, the challenge for our industry will be to ensure that innovation at least keeps pace with these regulations. In fact, we in the industry have a good track record of working with farmers to help them make best use of their fertilizers, ensuring the dissemination of research findings and thereby minimizing any fertilizer mismanagement.

Targeted nutrient application

We have already seen transformative shifts in how the agricultural sector operates. The introduction of new technologies, greater adoption of precision agriculture through tools such as GPS, yield monitors and advanced soil analysis, mean that the farmer is better equipped than ever with knowledge about the existing nutrient levels in their fields. With all this data and other information, farmers are now able to target nutrient application appropriately. This means fewer fertilizer losses to the environment.

Add in the industry’s determination to play its role by encouraging nutrient stewardship and it ensures a focus on delivering a science-based approach to crop nourishment and the best ways to use fertilizers.

EEFs are the latest step in encouraging farmers to manage nutrients. By reducing nutrient losses to the environment and increasing their availability to the plant, they not only represent a science-based answer to the environmental questions being raised by farmers but, at the same time, a solution to the societal challenge we all face – how to grow enough food for the ever-increasing numbers of people inhabiting our planet.

Perhaps if this happens we can expect to see a more positive view of our industry, one fuelled by an acknowledgement that we again reached into science and through our research efforts found an answer to one of the great challenges facing mankind. And maybe then, when we are reading those much-loved ‘top ten’ articles about the greatest innovations of all time, fertilizer will again feature in the rankings.


EuroChem opens fertilizers plant in Lithuania
Chemical Engineering

EuroChem Group AG (Zug, Switzerland; www.eurochemgroup.com) announced the formal opening of a new production plant for highly efficient, water-soluble fertilizers at its Lifosa subsidiary in Lithuania.

The €14 million ($16 million) facility will produce 25,000 metric tons per year (m.t./yr) of crystalline urea phosphate, adding to the range of high-quality fertilizers currently manufactured at Lifosa. These include Diammonium Phosphate (DAP), a nitrogen-phosphorus fertilizer, and water-soluble crystal Monoammonium Phosphate (MAP).

Read more »


EuroChem Group AG is rated BB by Fitch
World Fertilizer

EuroChem Group AG, a leading global fertilizer producer, announces that Fitch Ratings has affirmed the Group a BB rating and revised the outlook on the Group to stable from negative.

In its report, Fitch said the improved outlook reflected an anticipated fall in EuroChem’s adjusted net leverage following debt repayments after a period of high capital expenditure, and more favourable market momentum for fertilizers.

Read more »


 

Danakali banks on new investor mood to fund Eritrean mine

LONDON (Reuters) – Fertiliser miner Danakali (DNK.AX) (DNK.L) aims to raise $322 million this year to develop giant potash reserves in Eritrea, industry sources say, banking on Asmara’s warmer ties with Ethiopia to help lure investors.

Read more »


 

Minerals for Mankind

Story by Theresa Weiss

05.09.2018 · As the global population grows, soon it will be impossible to feed everyone without using fertilizers. That is why potash salt is mined by the tonnes at the root of the Ural Mountains. But what kind of effort does that take?

Potash salt is one of the most important fertilizers. No cereal crops can be cultivated on a commercial scale without potash salt. That is why this type of fertilizer is produced by the tonnes everywhere in the world – in particular, at one of the newly built plants located in Russia. A metal door closes, and the elevator slides down into its depths. It’s time to do business! Water splashes all over the place. Someone scratched “Children of the underground” on the elevator wall. The elevator plunges 500 meters deep into the earth.

It is wet and dark in the heart of the mine run by Usolskiy Potash (Perm Region), situated near the Ural Mountains. Air down below has a salty flavour, tunnel walls are porous and rough like wet sand.

A fan pumps fresh air into the depth of the mine through a large hose. In a while, the porous tunnel walls will not be as grey as they are now: they will be covered by black, red and white patterns. Black, soft and velvety layers are clay. White and red layers are harder because they are made of salt and rusty-coloured muriate of potash. The red substance, sought so badly by everyone, is mined from the subsoil, pushed to surface, flushed in water, passed through filters many times, dried and finally sold as powder or pellets. This is potash salt, the fertilizer that helps plants grow faster.

Read more (German)


Wall Street Journal

More Potash Coming to an Already Crowded Fertilizer Market

BEREZNIKI, Russia—In the foothills of Russia’s Urals mountains, a new potash producer is looking to lay claim to around a 10th of the global market for the fertilizer by the middle of the next decade.

EuroChem Group AG, a maker of nitrogen and phosphate fertilizers, is getting into the potash-mining business, in a move that could shake up a market dominated by a handful of producers in North America and the former Soviet Union.

By James Marson

This article can be accessed in full here (subscription).


eureporter_logo

Sustainable #agriculture and the responsible fertilizer market

The European Union and its governing structures strongly support the responsible use of fertilizers in the region. EU countries are not the biggest fertilizer users in the world, but the region has a significant number of companies working in the industry. Even though the potential for growth is high due to product innovation and a growing market for healthy, nutrient-rich foods, demand is likely to be restricted by the expanding application of organic fertilizers and regulatory constraints.

Recent years have seen considerable growth in policies and recommendations regarding responsible fertilizer use and sustainable agriculture. For instance, all EU resident companies starting from the fiscal year beginning on January 1, 2017 or within a calendar year, are obliged to include in their annual accounts aspects related to corporate social responsibility (CSR), business environmental liability, human rights and anti-corruption. This is in accordance with the European Parliament Directive on non-financial reporting 2014/95/EU of October 22, 2014.

Moreover, the Commission on Sustainable Agriculture and Climate Change has urged that sustainable agriculture must be integrated into national and international policy. This was one of its recommendations for policy makers on achieving food security in the face of climate change.

Corporations have also positively contributed to the responsible fertilizer and chemical use movement. Yara International is among companies that strongly focus on sustainable agriculture and positions itself as a leader in the sphere. This fertilizer producer contributes to green growth and sustainable development by avoiding practices that can cause long-term damage to soil, including excessive tilling of the soil (leading to erosion) and irrigation without adequate drainage (leading to salinization). Long-term experiments have provided exemplary data showing how various practices affect soil properties and how sustainability can be achieved.

Another major CSR project implemented in Europe to minimize the adverse impact on human health and the environment is the International Council of Chemical Associations initiative. It’s called Global Product Strategy (GPS) and is based on 5 pillars:

Developing a base-set of hazard and exposure information to conduct safety assessments for chemicals in commerce.

Undertaking global GPS capacity building initiatives to implement the best risk assessment practices and management procedures, especially in small- and medium-size enterprises (SMEs) and in emerging and developing countries.

Providing transparent public access to science-based product safety information and throughout the value chain.

Promoting a stakeholder dialogue on science and risk-based chemicals management, as well as developing the Long-Range Research Initiative. This is a global research program that aims to identify and fill gaps in understanding of the hazards posed by some chemicals and to improve the methods available for risk assessment.

Finally, the real strength of GPS lies in the broad commitment behind it: the strategy is promoted and implemented by more than 150 top chemical companies and more than 40 associations globally and the number of supporters is continuously growing. With each new signatory, the GPS success story gains additional momentum to shape the future image of the global chemical industry – an industry that is a trusted and reliable partner in a world where chemicals are valued and managed safely and responsibly throughout their life-cycle.

Top ten fertilizer company EuroChem produces a wide range of nitrogen and phosphate fertilizers, as well as some organic synthesis products. It is also developing two large potash deposits in Russia and is a major GPS user. The company recognised quickly that the responsible production and sound management of chemicals are a global responsibility.

EuroChem operates fertilizer production facilities in Belgium, China, Kazakhstan, Lithuania, and Russia, and first began implementing the strategy at its Lifosa subsidiary in Lithuania. The company issues GPS reports for all the mineral fertilizers and related products made at Lifosa, including DAP, a highly concentrated granulated nitrogen-phosphoric compound fertilizer, and orthophosphoric acid, mainly used in the production of mineral fertilizers. EuroChem has extended GPS reporting to all its other fertilizer production plants as part of its ongoing commitment to provide the public with reliable, science-based information on the chemicals it uses and to ensure these present no risk to people or the natural environment at any stage of production.

EU Reporter, December 22, 2017


Bloomberg_logo

Russia Bets on Hungry China With $6 Billion Fertilizer Mines

Interview by Head of the Mining Division, EuroChem Group Clark Bailey to Bloomberg on November 8, 2017

  • EuroChem plans to sell premium fertilizer to Asian farmers
  • The potash market is depressed and prices are near decade-low

China’s dilemma of how to feed its booming population will partially be answered by fancier fertilizers, according to one of the world’s richest billionaires.

EuroChem Group AG, owned by Russian commodities tycoon Andrey Melnichenko, is spending over $6 billion on two mines to produce potash, a reddish mineral found deep in the Earth that’s prized for its ability as a soil fertilizer.

The company is counting on Asian farmers buying more sophisticated crop nutrients aimed at soil deficiencies or different crops, rather than saturating the ground with a blanket of chemicals. China’s farmers have long relied on heavy doses of state-subsidized fertilizer to boost yields, but that’s left fields contaminated.

“We forecast an explosive growth in demand for premium fertilizers in China,” Dmitry Strezhnev, EuroChem’s chief executive officer, said in an interview from Moscow.

Still, it’s a tough time to be a potash miner. Prices are near a decade-low and the market is mired in a glut. Companies including Potash Corp. of Saskatchewan Inc. have shuttered operations in the U.S. and Canada. The global surplus could be as much as 10 million metric tons in 2018, according to Green Markets data.

Major Threat

“Even though the market is in oversupply, companies invested in these projects years ago, so they have to start,” Elena Sakhnova, an analyst at VTB Capital, said by phone. “This is the major threat for the market.”

EuroChem won a license for the Usolskiy mine, located in the Perm region of western Russia, about a decade ago, when potash was reaching $1,000 a ton. Since then the market has collapsed, and prices are now about $225. Usolskiy has recently started production.

The second site, VolgaKaliy, is about 190 kilometers (118 miles) from Volgograd and will begin next year, focusing on shipping potash to Europe and the Americas. It will be one of the lowest-cost potash mines in the world, as well as having the highest ore grades, according to Clark Bailey, the company’s director of mining.

The company is betting it can succeed where others failed because output costs in Russia are far lower than competitors. VolgaKlaliy is located near to the Black Sea, which reduces the shipping costs, Bailey said in an interview with Bloomberg Television. Overall costs in Russia are also much lower than Canada or Europe, he said.

In 2018, total production of both mines will be about 600,000 tons, the company estimates. In seven years, it aims to produce 8.3 million tons of potash a year, equal to about 13 percent of current global consumption.

“Global demand for potash grows by 1 million tons per year, while there are not so many large new projects like ours are coming online,” Strezhnev said. “Given the gradual ramp up of our mines, we will, in fact, just meet the growing demand.”

Potash producers usually sell the commodity in China and India through annual supply agreements with importers, who than resell the fertilizer to farmers. EuroChem aims to cut out the middleman and work with local Asian companies to turn potash into more advanced fertilizer formulas.

Ultimately, EuroChem aims to expand in premium crop nutrient products, with the business accounting for 30 percent of future sales, compared with 20 percent currently.

“EuroChem’s strategy looks justified,” Konstantin Yuminov, analyst at Raiffeisenbank in Moscow said by phone. “China is focusing on more eco-friendly fertilizers and developing production, so demand for premium fertilizers will rise.”

 

Link to interviews and videos: https://www.bloomberg.com/news/articles/2017-11-08/russia-bets-on-hungry-china-with-6-billion-fertilizer-mines

By Yuliya Fedorinova
With assistance by Guy Johnson, and Matthew Miller


Fertilizer Focus

EuroChem Widens its Sights

Feature – Fertilizer Focus discusses EuroChem’s potash capacity with Clark Bailey, Head of Mining, and future plans with Olivier Harvey, Head of Investor Relations.

First published in Fertilizer Focus (September 2016)


Bloomberg_logo

Russia’s Fertilizer Tycoon Says Potash Glut May Last a Decade

Russian billionaire Andrey Melnichenko, whose fertilizer company is investing more than $6 billion in potash mining, said it could take at least a decade for the potash market to work off the excess because of the past “disruptive” actions by the largest sellers. However, because of its low costs and business model that encompasses mining, retail selling and a variety of products, EuroChem still generates profits even in a depressed market.

First published in Bloomberg (August 2016)


SPIEF

Andrey Melnichenko speaks during a panel session on day two of the St. Petersburg International Economic Forum 2016 (SPIEF) in Saint Petersburg, Russia, on Friday, June 17, 2016.

Video recording English / Russian


EuroChem Partners DuPont Sustainable Solutions

EuroChem Partners DuPont Sustainable Solutions on its Journey to Improve Safety Culture

As a leading, vertically integrated producer of nitrogen and phosphate fertilizers, EuroChem puts special emphasis on occupational safety and the creation of a safe and accident-free work environment across its whole organization and the reduction of occupational injury rates. EuroChem worked with experts from DSS to improve its internal safety management system.

First published in June 2015 – DuPont


Andrey Melnichenko interview cover Expert

Andrey Melnichenko: “We’ve got a calculator; we can count money”

Today, EuroChem is the world’s ninth-biggest fertiliser business, but Mr Melnichenko aims to bring it into the top three. More than 10 billion dollars has been invested in EuroChem, SUEK and SGK in the past five years, and another 10 billion is to be put in over the next five

First published in Expert Magazine (June 2015) translated from Russian (link to original)


mining journal

Mining Journal – Apatite for fertilisers

Self-sufficiency was the word on the lips of our EuroChem hosts during a recent tour of the Kovdorskiy mining complex in Russia’s Arctic north-west. After guiding Mining Journal and others around a brand new apatite-staffelite ore-processing plant, officials expressed confidence at the prospect of extracting enough phosphate to end reliance on external sources for the fertiliser feedstock…

First published in Mining Journal – May 2015 (author: Nadav Shemer)


EuroChem’s expansion into mining could double company size, boost it to top 5 potash player

When Andrey Melnichenko founded EuroChem Mineral Chemical Co. OJSC nearly 15 years ago, the company was not much more than a pair of Soviet-era
nitrogen plants and a dust bowl phosphate mine facing closure…

First published in May 2015 by S&P Global Market Intelligence (formerly known as SNL Financial) / (author: Ben Seeder)


industrial mineral

EuroChem reveals phosphate expansion plans at Kovdor and beyond

The expansions at one of the largest apatite mines in Russia are only part of EuroChem’s growth ambitions. Different ore types will be tapped and the mine could continue being worked to twice its current depth, IM learned on a recent visit to the company’s Kovdorskiy mine in northwest Russia…

First published in Industrial Minerals – May 2015 (author: James Sean Dickson)


cover_Evening Standard

Fast-growing fertilizer giant EuroChem eyes London float

Fertilizer giant EuroChem is planning to float on the London stock market within five years following the opening of two huge potash mines that will dramatically boost the size of the business…

First published in the Evening Standard – Thursday 21 November 2013 (author: Jonathan Prynn)


cover_mining mag

Russia roots for potash

EuroChem is Russia’s largest mineral fertiliser producer, and is aiming to establish itself as one of only four fertiliser companies with a significant presence in all three fertiliser nutrient categories – nitrogen, phosphorous and potassium (NPK)…

First published in Mining Magazine – 15 November 2013 (author: Ailbhe Goodbody)


industrial mineral

Potash potential: EuroChem enters the competition

EuroChem is developing its own source of potash, and seek to become 100% self-sufficient in its own phosphate production. The scenario for fertiliser minerals is simple: people need food and therefore fertiliser…

First published in Industrial Minerals – May 2013 (author: Kasia Patel)


IHS chemical week

EuroChem details potash entry; IPO possible within 5 years

EuroChem is investing a combined $7 billion to develop 2 separate potash production facilities in Russia: the VolgaKaliy potash mining complex near Volgograd, based on the Gremyachinskoe ore deposits; and the Usolskiy manufacturing complex near Berezniki, in the Perm region…

First published in IHS Chemical Week – April 2013 (author: Natasha Alperowicz)


BNE

Spreading fertilizer in Russia

In a grey, dusty field three hours drive from the “hero” city of Volgograd, better known by its old war time name of Stalingrad, a brand new derrick rises above the melting snow that marks the site of the biggest investment in Russia outside of the oil and gas sector. The derrick is the entrance to the VolgaKaliy mine shaft, which will drop more than a kilometre below the surface to one of the richest potash deposit in the world…

First published in BNE – April 2013 (author: Ben Aris)


cover_vedomosti

Vedomosti interview “Andrey Melnichenko – I am a Happy Man”

A conservative investor, an apolitical and happy man: Andrey Melnichenko tells why he is unwilling to invest in new assets and shares his vision of the future for his business…

First published in Vedomosti in April 2012, translated from Russian (link to original)