10 February 2021
In 2020, PJSC “Rivneazot” produced over 1.8 million tons of fertilizers
For 12 months of 2020, PJSC “Rivneazot”, a member of Group DF nitrogen line of business, produced 1.81 million tons of fertilizers. In particular, the company last year produced: 47,165 t of aqueous ammonia technical, 567, 615 t of ammonium nitrate, 7,418 t of ammonium nitrate (melt), 214,732 t of CAN (calcium ammonium nitrate). The company also produced 379,438 t of commercial grade (technical) ammonia, 588,900 t of non-concentrated nitric acid, 145,200 t of liquid nitrogen.
According to the top manager of PJSC “Rivneazot” in 2020, the fair price for basic raw materials (the natural gas) allowed the company to maximize the capacity and surpass the production plan targets.
Earlier it was reported that OSTCHEM RETAiL (part of Group DF) concluded agreements with 6 Ukrainian banks on directed lending for the purchases of nitrogen fertilizers by farmers. Banks that provide concessional (soft) loans to agricultural producers include: ProCredit Bank, FUIB, Alliance Bank, Agroprosperis Bank, MTB Bank and PrivatBank. Aside from this, OSTCHEM RETAiL, the international company SYNGENTA and Ukrainian partner banks opened opportunities for farmers to purchase fertilizers and plant protection products on credit.
In 2019, PJSC “Rivneazot” produced 1.74 million tons commodity output of which 34,600 t of aqueous ammonia technical, 583,200 t of ammonium nitrate, 4,200 t of ammonium nitrate (melt), 221,000 t of CAN (calcium ammonium nitrate). The company also produced 292,400 t of commercial grade (technical) ammonia, 604,000 t of non-concentrated nitric acid and 148,300 t of liquid nitrogen.