BEIJING, November 16, 2018 /PRNewswire/ --
PhosAgro ("PhosAgro" or "the Company") (Moscow Exchange, LSE:
PHOR), one of the world's leading vertically integrated
phosphate-based fertilizer producers, has received the IFA SHE
Excellence Gold Medal from the International Fertilizer Association
(IFA) for its health, safety and environment practices.
This award confirms the full compliance of PhosAgro's
Cherepovets production site, the Company's largest production
asset, with IFA standards in the areas of rational use of natural
resources, environmental protection and workplace safety.
The award was presented to PhosAgro Deputy CEO Siroj Loikov by
Rakesh Kapur, the chairman of the
International Fertilizer Association, at the IFA Strategic Forum in
Beijing.
PhosAgro CEO Andrey Guryev
commented on the award: "At PhosAgro health, safety and the
environment are among our strategic priorities. I am grateful to
each member of the PhosAgro team for their contribution to
achieving such excellent results, for their responsible attitude
towards contributing to the common good and for the opportunity to
accept this significant reward on all our behalf.
"Over the past five years, PhosAgro has invested over
RUB 150 billion into its production
capacities using the best available technologies. Last year in
Cherepovets we began to ramp up Russia's the newest and largest ammonia and
granulated urea production facilities. We will continue to invest
in PhosAgro's organic growth, working both to improve internal
quality standards and the environmental safety of our products, and
to ensure the highest level of safety for PhosAgro employees. I am
confident that the example set by PhosAgro in the area of enhancing
its production capacities will contribute to the sustainable
development of the global and domestic mineral fertilizer
sectors."
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.