EuroChem

EuroChem launches state-of-the-art phosphate fertilizer complex in Brazil

Retrieved on: 
Wednesday, March 13, 2024

SERRA DO SALITRE, Brazil, March 13, 2024 /PRNewswire/ -- EuroChem today celebrated the opening of its new phosphate fertilizer production facility in Serra do Salitre, State of Minas Gerais, Brazil.

Key Points: 
  • SERRA DO SALITRE, Brazil, March 13, 2024 /PRNewswire/ -- EuroChem today celebrated the opening of its new phosphate fertilizer production facility in Serra do Salitre, State of Minas Gerais, Brazil.
  • With a total project investment of nearly US$1 billion, the new phosphate mine and plant complex was constructed in record-breaking time and will have an annual production capacity of 1 million tonnes of advanced phosphate fertilizers, significantly increasing the reliability of domestic phosphate fertilizer supplies to Brazilian farmers.
  • EuroChem is a leading international fertilizer producer, with products ranging across all three major nutrient groups: nitrogen, phosphate, and potash.
  • In South America, in addition to its Salitre complex, EuroChem has blending facilities and a wide distribution network, employing over 3,000 people in Brazil.

EuroChem launches state-of-the-art phosphate fertilizer complex in Brazil

Retrieved on: 
Wednesday, March 13, 2024

SERRA DO SALITRE, Brazil, March 13, 2024 /PRNewswire/ -- EuroChem today celebrated the opening of its new phosphate fertilizer production facility in Serra do Salitre, State of Minas Gerais, Brazil.

Key Points: 
  • SERRA DO SALITRE, Brazil, March 13, 2024 /PRNewswire/ -- EuroChem today celebrated the opening of its new phosphate fertilizer production facility in Serra do Salitre, State of Minas Gerais, Brazil.
  • With a total project investment of nearly US$1 billion, the new phosphate mine and plant complex was constructed in record-breaking time and will have an annual production capacity of 1 million tonnes of advanced phosphate fertilizers, significantly increasing the reliability of domestic phosphate fertilizer supplies to Brazilian farmers.
  • EuroChem is a leading international fertilizer producer, with products ranging across all three major nutrient groups: nitrogen, phosphate, and potash.
  • In South America, in addition to its Salitre complex, EuroChem has blending facilities and a wide distribution network, employing over 3,000 people in Brazil.

AIM Capital Supports EuroChem in Its Mission to Tackle the Global Food Crisis

Retrieved on: 
Friday, January 20, 2023

LIMASSOL, Cyprus, Jan. 20, 2023 (GLOBE NEWSWIRE) -- AIM Capital Ltd. fully supports EuroChem in its mission to increase fertilizer production to address growing concerns around food security.

Key Points: 
  • LIMASSOL, Cyprus, Jan. 20, 2023 (GLOBE NEWSWIRE) -- AIM Capital Ltd. fully supports EuroChem in its mission to increase fertilizer production to address growing concerns around food security.
  • Fertilizers are a key solution to the global food crisis as they assist in feeding nearly half of the world's population.
  • EuroChem is fully committed to producing fertilizers to help tackle global food insecurity.
  • If nothing changes, concerns about the global food supply will continue into 2023, which will potentially impact billions of people.

EuroChem Group Reaffirms Its Adherence to Compliance, Internal Control and Good Corporate Governance

Retrieved on: 
Wednesday, December 7, 2022

ZUG, Switzerland, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Swiss-based top 10 fertilizer producer EuroChem Group AG confirms it has implemented internal strategies to comply with applicable sanctions in effect today.

Key Points: 
  • ZUG, Switzerland, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Swiss-based top 10 fertilizer producer EuroChem Group AG confirms it has implemented internal strategies to comply with applicable sanctions in effect today.
  • The directors of Linetrust PTC Ltd., which ultimately controls EuroChem Group AG, specifically ensure that the corporate governance for the holding structure of the company is sound and that its sanctions compliance framework meets the highest international standards.
  • EuroChem Group AG is a top 10 fertilizer producer by volume and one of only three companies in the world with production capacity in all three primary nutrient groups.
  • EuroChem Group AG has fertilizer production facilities in several countries, including Brazil, China, Kazakhstan, Russia, Lithuania and Belgium.

AIM Capital Ltd. Continues Regaining Legitimate Control Over Its Fertilizer Assets Worldwide

Retrieved on: 
Wednesday, November 30, 2022

LIMASSOL, Cyprus, Nov. 30, 2022 (GLOBE NEWSWIRE) -- AIM Capital Ltd., through its subsidiary EuroChem Group AG, continues to regain legitimate control over its global fertilizer assets.

Key Points: 
  • LIMASSOL, Cyprus, Nov. 30, 2022 (GLOBE NEWSWIRE) -- AIM Capital Ltd., through its subsidiary EuroChem Group AG, continues to regain legitimate control over its global fertilizer assets.
  • AIM Capital Ltd. is the Cyprus-based holding companythat owns 90% of shares in EuroChem Group AG, the top-level holding entity for the EuroChem group, and 92.2% shares in SUEK JSC, the top-level holding entity for the SUEK group (the "Group").
  • EuroChem Group AG is the world's second-largest consumer and third-largest manufacturer of fertilizers, while SUEK is one of the world's largest integrated energy companies.
  • The control over the Group is exercised by Linetrust PTC Limited, managed by independent and highly qualified executives of international standing.

Sber Discusses Forming the National ESG Alliance with Leading Russian Companies

Retrieved on: 
Wednesday, December 1, 2021

MOSCOW, Dec. 1, 2021 /PRNewswire/ -- The first conference dedicated to establishing the National ESG Alliance has culminated with signing an agreement to work together on creating the Alliance.

Key Points: 
  • MOSCOW, Dec. 1, 2021 /PRNewswire/ -- The first conference dedicated to establishing the National ESG Alliance has culminated with signing an agreement to work together on creating the Alliance.
  • The National ESG Alliance was conceived as a permanent platform for dialogue and engagement for all stakeholders.
  • Originally, the proposal to set up an Alliance to combine the efforts of leading companies in the ESG transition was discussed at the Eastern Economic Forum in Vladivostok in September 2021.
  • The founding members of the Alliance currently include 28 companies, which are responsible for 10% of the Russian GDP and represent over 18 sectors of the Russian economy.

KBR Awarded Digital Advisory Services Contract by EuroChem, Russia

Retrieved on: 
Thursday, October 14, 2021

HOUSTON, Oct. 14, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced today it has been awarded a three-year service contract for KBR INSITE by EuroChem for its ammonia plant in Kingisepp, Russia.

Key Points: 
  • HOUSTON, Oct. 14, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced today it has been awarded a three-year service contract for KBR INSITE by EuroChem for its ammonia plant in Kingisepp, Russia.
  • Utilizing a cloud-based platform, KBR INSITE provides remote monitoring and advisory service to customers to help drive their plant operations to top-quartile performance.
  • Under the terms of the contract, KBR will proactively analyze EuroChem's ammonia plant operations and leverage the domain knowledge of KBR experts to identify opportunities for achieving sustainable improvements in production, reliability, environmental impact, and energy efficiency.
  • "KBR has a longstanding and collaborative relationship with EuroChem and we are pleased to offer our KBR INSITE advisory services to ensure optimal plant operations for EuroChem," said Jay Ibrahim, KBR President, Sustainable Technology Solutions.

Insights on the Ammonia Global Market to 2025 - Featuring CF Industries Holdings, Yara International & Nutrien Fertilizer Among Others

Retrieved on: 
Thursday, August 6, 2020

The Fertilizers segment dominates the global ammonia market with the segment's share standing at more than 70% in 2019.

Key Points: 
  • The Fertilizers segment dominates the global ammonia market with the segment's share standing at more than 70% in 2019.
  • Major players operating in the Global Ammonia Market include CF Industries Holdings, Yara International, Nutrien Fertilizer, OCI NV, Ostchem Holdings, Ma'aden Phosphate, Mosaic Crop Nutrition, Eurochem Group AG, among others.
  • To estimate and forecast the market size of the Global Ammonia Market from 2021 to 2025 and growth rate until 2025.
  • To identify key sustainable strategies adopted by market players in the Global Ammonia Market.

Global ammonia market is projected to grow and cross $ 68 billion by 2025

Retrieved on: 
Tuesday, August 4, 2020

Growing demand for nitrogen fertilizers and upsurge in the utilization of ammonia to produce explosives is positively influencing the market growth.The global ammonia market is segmented based on grade, manufacturing process, application, and region.

Key Points: 
  • Growing demand for nitrogen fertilizers and upsurge in the utilization of ammonia to produce explosives is positively influencing the market growth.The global ammonia market is segmented based on grade, manufacturing process, application, and region.
  • Based on application, the market can be categorized into Fertilizers, Chemicals, Pharmaceuticals, Electronics, Refrigeration, Household, Food, and Others.The Fertilizers segment dominates the global ammonia market with the segment's share standing at more than 70% in 2019.
  • Ammonia is widely used in the manufacturing of various liquid fertilizer solutions consisting of aqua ammonia, ammonium nitrate and urea.
  • Major players operating in the global ammonia market include CF Industries Holdings, Yara International, Nutrien Fertilizer, OCI NV, Ostchem Holdings, Ma'aden Phosphate, Mosaic Crop Nutrition, Eurochem Group AG, among others.

Europe's Largest Single-Train Ammonia Plant Successfully Started Up with KBR Technology

Retrieved on: 
Wednesday, August 28, 2019

HOUSTON, Aug. 28, 2019 /PRNewswire/ --KBR (NYSE: KBR) announced today the successful startup of the JSC EuroChem Northwest Phosphorit 2,890 MTPD ammonia plant in Kingisepp, Russia.

Key Points: 
  • HOUSTON, Aug. 28, 2019 /PRNewswire/ --KBR (NYSE: KBR) announced today the successful startup of the JSC EuroChem Northwest Phosphorit 2,890 MTPD ammonia plant in Kingisepp, Russia.
  • The facility's 1 million tons per year ammonia production capacity is the largest in Europe and relies on KBR's highly efficient Purifier ammonia technology.
  • "We are proud to have taken part in this ambitious project," said John Derbyshire, KBR President, Technology Solutions.
  • KBR also provided various state-of-the art digital solutions suitable for a best-in-class modern world-scale ammonia plant.