PhosAgro CEO visits Ultramar Terminal
PhosAgro CEO, Andrey Guryev, has recently visited the Ultramar Terminal being built at the port of Ust-Luga for the transhipment of mineral fertilizers.
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PhosAgro CEO, Andrey Guryev, has recently visited the Ultramar Terminal being built at the port of Ust-Luga for the transhipment of mineral fertilizers.
PhosAgro and the government of the Leningrad region have signed an agreement on social and economic partnership.
PhosAgro has recently announced its consolidated IFRS financial results for 2Q20 and 1H20.
PhosAgro has announced that its MSCI ESG rating has been raised from BB to BBB as part of a regular review.
The results of Andrey Guryev's seven-year tenure as PhosAgro's CEO, as well as the company's development outlook, will be reported at a meeting of the Board of Directors in the second half of August 2020.
PhosAgro-Region (PhosAgro Group) increased its total fertilizer sales to Russian farmers by 14.2% to 1.9 million t in 1H20.
The company is shipping Apaliqua NP 11-37, a liquid nitrogen-phosphorus fertilizer, to farmers in Bulgaria and Hungary.
The company's sales of fertilizer in 1Q20 increased by 10% y/y to 2.8 million t.
The subsidiary of PhosAgro increased total sales of mineral fertilizers to Russian farmers by 47% y/y in 1Q20.
The bucket elevators will be used for handling mono-ammonium phosphate and di-ammonium phosphate.
The company's revenue in 4Q19 decreased by 10.8% y/y to RUB 53.1 billion (US$0.8 billion).
The company priced the issue on 15 January and settlement is expected to take place on 23 January.