LONDON, November 14, 2018 /PRNewswire/ --
PhosAgro ("PhosAgro" or "the Company") (Moscow Exchange, LSE:
PHOR), one of the world's leading vertically integrated
phosphate-based fertilizer producers, is the strategic sponsor of
the final match of the 2018 World Chess Championship, which is
taking place 9-28 November in London.
The final match to name the world champion of chess is the main
event in the chess world and the final event of the World Chess
Championship 2017-2018, which is supported by PhosAgro, including
the Grand Prix stage in Moscow and
the Candidates Tournament, where three of the eight grandmasters
were from Russia.
It has become a tradition for the company to support the World
Chess Championship and the final match for the title of world chess
champion (Sochi in 2014 and New York in 2016). This year, in
London, reigning champion
Magnus Carlsen of Norway and challenger Fabiano Caruana of the
United States are competing for the chess crown in a match
of 12 games using classical time control, with a possible
tiebreaker if the match ends in a tie.
"I hope everything goes smoothly, and with all my heart I wish
the two top players in the world a beautiful and a fair game," said
FIDE President Arkady Dvorkovich at the opening ceremony on 8
November. The match participants thanked the organisers and
sponsors of the event for their contribution to the development of
world chess.
At the opening ceremony, PhosAgro CEO Andrey Guryev represented not only his global
company, which has for many years been supporting chess, a game
that is played all over the world, but also the Russian Chess
Federation, where he is vice-president and a member of the Board of
Trustees. On 10 November, Andrey Guryev made the symbolic first
move to start the second round of the match to determine the world
chess champion.
"We believe that interest in chess is growing all over the
world, the game is developing, moving from TV screens to the
Internet and mobile devices, winning new fans all around the world.
With joint efforts on the part of FIDE and the Russian Chess
Federation, we hope to take chess to a new level of popularity and
importance. And as vice-president of the Russian Chess Federation,
I am sure that, in the coming years, we will manage to return the
chess crown to Russia," said
Guryev.
PhosAgro has been supporting chess since 2010 as the permanent
strategic partner of the Russian Chess Federation. During this
eight-year period, Russian children have won more than 100 medals
in youth competitions, and Russian chess players have been named
world champion in blitz chess and speed chess (twice) and were
twice runners-up for the title of world chess champion. Russian men
have also won the World Cup three times.
In the cities where PhosAgro operates, Cherepovets, Kirovsk,
Apatity, Volkhov, Balakovo, the Company supports education centres
as part of the DROZD programme (Educated and Healthy Children of
Russia), where various sports are
cultivated, including chess, which gets special attention through
chess classes at sponsored schools and preschools.
In addition to chess, PhosAgro is a long-time partner of the
Russian Olympians Foundation, the Russian Rhythmic Gymnastics
Federation, the Moscow Rhythmic Gymnastics Federation, the Russian
Swimming Federation and the St Petersburg Regional Judo Federation,
and it is a sponsor of the Severyanka volleyball club (Vologda
region), the Avtodor basketball club and the Turbina Balakovo
Speedway Team (Saratov region), thus contributing to the
international success of Russian sport.
About PhosAgro
PhosAgro is one of the world's leading vertically integrated
phosphate-based fertilizer producers in terms of production volumes
of phosphate-based fertilizers and high-grade phosphate rock with a
P2O5 content of 39% and higher.
The Company is the largest phosphate-based fertilizer producer
in Europe (by total combined
capacity for DAP/MAP/NP/NPK/NPS), the largest producer of
high-grade phosphate rock with a P2O5 content
of 39%, a top-three producer of MAP/DAP globally, one of the
leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia, and Russia's only producer of nepheline
concentrate (according to the RAFP).
PhosAgro's main products include phosphate rock, 39 grades of
fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate,
which are used by customers in 100 countries spanning all of the
world's inhabited continents. The Company's priority markets
outside of Russia and the CIS are
Latin America, Europe and Asia.
PhosAgro's shares are traded on the Moscow Exchange, and Global
Depositary Receipts (GDRs) for shares trade on the London Stock
Exchange (under the ticker PHOR). Since 1
June 2016, the Company's GDRs have been included in the MSCI
Russia and MSCI Emerging Markets indexes.
More information about PhosAgro can be found on the website:
www.phosagro.ru.
