Business and Financial Review • Apr 15, 2025
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PhosAgro Sets New Agrochemical Production Record in 1Q 2025
Moscow — PhosAgro Group achieved a series of new production records in 1Q 2025. The results were announced by PhosAgro CEO Mikhail Rybnikov at a meeting of the Company’s Management Board.
“The Group increased its production of agrochemicals by 3.6% year-on-year in 1Q 2025 to a record 3.11 million tonnes. The production of phosphate-based fertilizers and feed phosphates also rose by 5% to a record 2.37 million tonnes,” Rybnikov said.
“The production of key feedstocks also achieved records, with 2.22 million tonnes of sulphuric acid (+1.9%) and 929 thousand tonnes of wet-process phosphoric acid (+3.8%).
“Our production records, high rates of investment growth, expanded social support and increased tax payments are all the result of PhosAgro’s long-term development strategy, as well as the concerted efforts and professionalism of our 24,000-strong workforce,” Rybnikov concluded.
About the Company
PhosAgro (www.phosagro.ru) is a vertically integrated Russian company and one of the world’s leading producers of phosphate-based fertilizers and high-grade phosphate rock with P2O5 content of 39% or more (according to the IFA). PhosAgro’s high-performance fertilizers produce crops with advanced features.
PhosAgro Group is the largest producer of phosphate-based fertilizers in Europe (by total combined capacity for the production of DAP, MAP, NP, NPK and NPS fertilizers, according to the CRU), the largest global producer of high-grade phosphate rock with P2O5 content of 39% (according to the IFA), one of the leading producers of MAP and DAP fertilizers globally, one of the leading producers of monocalcium feed phosphates (MCP) in Europe – and the only such producer in Russia – and Russia’s only producer of nepheline concentrate.
PhosAgro’s main products, including phosphate rock, 58 grades of fertilizers, feed phosphates, ammonia and sodium tripolyphosphate, are used by customers in around 100 countries spanning all the world’s inhabited continents. The Company’s priority markets beyond Russia and the CIS are Latin America, Europe and Asia.
The Company’s shares are traded on the Moscow Exchange, and its global depositary receipts (GDRs) are listed on the London Stock Exchange (MOEX and LSE ticker: PHOR).
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