URALCHEM OJSC Increases Production in the First Nine Months of 2012

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URALCHEM OJSC Increases Production in the First Nine Months of 2012 Powered By Docstoc
					URALCHEM OJSC Increases Production in the First Nine Months of 2012

 URALCHEM OJSC announces operating results for the first 9 months of 2012.

Moscow, Russia - November 15, 2012 -- URALCHEM OJSC announces operating
results for the first 9 months of 2012. Production from all the enterprises of the
URALCHEM Group increased by 0.5% compared to the same period in 2011,
amounting to a total of 4.398 million tonnes. The production of ammonia increased by
9% and there was an 8% increase in the production of urea. The production of
chemicals for industrial use increased by 17%, mainly due to increased sales of nitric
acid in the domestic market. The production of high-margin products also increased:
diammonium phosphate (DAP) was re-launched and the production of complex
fertilizers increased by 4%. The manufacture of ammonium nitrate and ammonium
phosphate was reduced by 7% and 15% respectively.

Comparative production figures of the URALCHEM Group’s enterprises (tonnes):
 Name of product                   9 months of 2012,   9 months of 2011, Year-on year
                                        tonnes               tonnes       change, %
 Ammonium nitrate and its             1 898 707            2 032 432         -7%
 derivatives
 Ammonia                               577 561              530 100           9%
 Urea                                  856 546              795 680           8%
 NPK fertilizers                       462 111              445 604           4%
 DAP                                    45 080                  -             0%
 MAP                                   304 791              357 171         -15%
 Other fertilisers                      11 224                8 381          34%
 Other chemicals                       242 533              207 948          17%
 Total                                4 398 553            4 377 315        0,5%
2011 data include the results of Minudobrenia OJSC (Perm).

Dmitry Konyaev, CEO of URALCHEM, OJSC commented on the operating results for
the first nine months of 2012, "Due to a number of successfully implemented
modernization and technical upgrading projects, the company's enterprises worked
steadily throughout the first 9 months of 2012. As a result of the market conditions at
that time, we focused on increasing the production of ammonia and high-margin
products, at the same time reducing production of ammonium nitrate and ammonium
phosphate."

-Ends-

For more information, please visit the company web site http://www.uralchem.com or
use the following contact information:

PR department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
E-Mail: pr@uralchem.com

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate
fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of
ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP,
0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM,
OJSC is the second largest ammonium nitrate producer in the world and number one in
Russia, the second largest producer of nitrogen fertilisers in Russia. Key production
assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki,
Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works,
OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC
in Voskresensk, Moscow region.

Some of the information in this press release may contain projections or other forward-
looking statements regarding future events or the future financial performance of
URALCHEM. We wish to caution you that these statements are only predictions. We
do not intend to update these statements and our actual results may differ materially
from those contained in our projections or forward-looking statements, including,
among others, the achievement of anticipated levels of profitability, growth, cost and
synergy of our recent acquisitions, the impact of competitive pricing, the ability to
obtain necessary regulatory approvals and licenses, the impact of developments in the
Russian economic, political and legal environment, financial risk management and the
impact of general business and global economic conditions.

				
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Description: URALCHEM OJSC announces operating results for the first 9 months of 2012.