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Uralchem reports 6 months fertilizer production data, enters niche segment

7:06 AM MDT | July 15, 2013 | Natasha Alperowicz

Uralchem (Moscow), one of the largest fertilizer producers in Russia and the CIS, today reported mainly flat production data for the first 6 months of this year. The company says that the continuing low consumer activity in Asian countries, especially in India, has led to a global decline in the prices for phosphate fertilizers. Uralchem is continues to expand its product portfolio and has entered a new niche, that of water-soluble fertilizers. “These high-margin products are the fastest growing segment of today’s global market," says Dmitry...

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