Business news from Ukraine


9 April , 2020  

PJSC Azot (Cherkasy), part of Dmytro Firtash’s Group DF, in January-March 2020 increased production of nitrogen fertilizers by 22% compared to the same period in 2019, to 444,100 tonnes, according to a company press release.
Thus, the production volume of commercial ammonium nitrate amounted to 147,100 tonnes (21%), commercial urea some 168,600 tonnes (23%), urea-ammonia mixture some 126,100 tonnes (22%), and ammonia water to 2,300 tonnes. In addition, 216,300 tonnes of ammonia and 168,900 tonnes of non-concentrated nitric acid were produced.
Since the beginning of this year, all production facilities of Cherkasy Azot have been operating at 100% load. One of the factors contributing to the growth of production was weather conditions that allowed farmers to start field work much earlier, the report said.
“The company continues to work, despite the special conditions during the quarantine period, and fully fulfills all contracts, ensuring uninterrupted supplies of nitrogen fertilizers to agricultural producers,” Group DF’s press service said citing Vitaliy Skliarov, the chairman of the company’s board.
PJSC Cherkasy Azot is one of the largest Ukrainian chemical enterprises. It is engaged in production of mineral nitrogen fertilizers. Since 2011, it has been part of Ostchem Group (the Group DF nitrogen business).