URALCHEM sets a record in Russia for the production of Ammonia by staronepr

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URALCHEM set an absolute record in 2013 for the highest output of ammonia in Russia, with the total output of 2.819 million tonnes. Compared with 2012, production grew by 1.3%. The market situation in the ammonia segment of the global fertilizer market allowed the company to steadily follow its general production strategy.

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									URALCHEM SETS A RECORD IN RUSSIA FOR THE PRODUCTION OF
                      AMMONIA

URALCHEM set an absolute record in 2013 for the highest output of ammonia in
   Russia, with the total output of 2.819 million tonnes. Compared with 2012,
 production grew by 1.3%. The market situation in the ammonia segment of the
   global fertilizer market allowed the company to steadily follow its general
                                production strategy.

Moscow, Russia (February 5, 2014) -- URALCHEM set an absolute record in 2013 for
the highest output of ammonia in Russia, with the total output of 2.819 million tonnes.
Compared with 2012, production grew by 1.3%. The increased production was
achieved through stable work of the units during the year, the implementation of
projects to increase daily production at the units in the group's enterprises in the Perm
region and in Kirovo-Chepetsk, as well as through shortening repair down-time. The
market situation in the ammonia segment of the global fertilizer market allowed the
company to steadily follow its general production strategy.

URALCHEM's production of major commodity products in 2013 comprised 6.039
million tonnes, 0.3% higher than a year earlier. Production of ammonium nitrate and its
derivatives was 2.789 million tonnes, an increase by 7% compared to the same period
last year. Monitoring the market situation, the company adjusted its production to the
existing demand. Production of ammonia was decreased by 3% to 768 thousand
tonnes. Urea production decreased by 2% to 1.138 million tonnes. Production of
compound fertilizers decreased by 5%, to 581 thousand tonnes. Production of
phosphate fertilizers (MAP / DAP) decreased by 13%, to 433 thousand tonnes.

Comparative production figures of the URALCHEM Group companies (thousand tonnes):

                                                            Year-on year
                              January –       January –                    Year-on year
                                                              change,
Name of product               December,       December,                      change,
                                                             thousand
                                2012            2013                            %
                                                                tons
Ammonium nitrate and its         2,605          2,789            184            7%
derivatives
Ammonia                          789             768             -21            -3%
Urea                             1,164          1,138            -27            -2%
NPK fertilisers                   610            581             -29            -5%
DAP/MAP                           497            433             -64           -13%
Other types of fertilisers         15             14              -1            -7%
Other chemicals                   343            316             -27            -8%
Total                            6,024          6,039             15           0.3%

Dmitry Konyaev, CEO of URALCHEM, OJSC, commented on the results, "In 2013
URALCHEM cemented its leadership of the nitrogen segment. It retained first place in
Russia for the production of ammonia and ammonium nitrate, and the second in the
production of urea. At the same time, an unfavourable situation for manufacturers in the
global fertilizer market has reduced the output of certain products, primarily phosphorus
fertilizers. In difficult market conditions, URALCHEM showed its significant margin of
safety and ability to develop. In 2013, we successfully completed our largest logistics
project when we opened a terminal in Riga for transhipment of bulk fertilizers with the
capacity of up to 2 million tonnes per year. We signed an agreement on cooperation
with the world's top developer and licensor of urea processes, Stamicarbon. At the end
of 2013 we acquired a 19.99 % stake in Uralkali, which we see as a strategic
investment in one of the most profitable and promising sectors of the fertilizer market."

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
Email: pr@uralchem.com
Web: http://www.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.

-Ends-

								
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