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30 January 2025

OSTCHEM plants produced 1.8 million tons of mineral fertilizers in 2024


The plants of nitrogen holding OSTCHEM produced 1.8 million tons of mineral fertilizers in 2024. This is 13% less than in 2023, when 2.1 million tons were produced. Cherkasy “Azot” maintained its production level at 1.4 million tons, while “Rivneazot” reduced volumes by 22%, producing 407 thousand tons compared to 528 thousand tons last year.

The key products manufactured by OSTCHEM plants were:

  • Ammonium nitrate – 760.2 thousand tons (41.9% of total volume);
  • UAN – 506.7 thousand tons (27.9%);
  • Urea – 401.9 thousand tons (22.2%);
  • Ammonia – 75 thousand tons (4.1%).

The reasons for the decline in production include low grain prices on global markets, power outages, the ongoing war, and the import of cheap, low-quality fertilizers.

Sergiy Pavlyuchuk, Director of Nitrogen Business Production at OSTCHEM:


Ukrainian farmers are going through difficult times; the profitability of their business has fallen significantly. This is reflected in domestic demand for mineral fertilizers – sometimes priority was given to cheaper, low-quality fertilizers imported in large quantities in 2024. We take a long-term approach, and even in hard times, we have ensured the high international quality of our products and 100% fulfillment of obligations. Even during periods of forced shutdowns at “Rivneazot” due to power outages, these business values remained unchanged, which Ukrainian farmers could experience for themselves

In 2024, the average annual capacity utilization of OSTCHEM did not exceed 70%. Uncontrolled imports (see import market reference) do not allow Ukrainian enterprises to operate at full capacity.

“Unfortunately, we were forced to cut staff and optimize costs. According to my estimates, the decline in the chemical industry was about 10%, and this is the result of growing imports and ineffective industrial policy,” said Pavlyuchuk.

He added that in 2025, OSTCHEM has adapted to military business conditions and will continue to focus on:

  • Developing new industrial sites;
  • Improving energy efficiency in production;
  • Ensuring stable operation of enterprises;
  • Enhancing product quality in the new conditions.

“The key task for the year ahead is to ensure sustainable production despite unstable energy supply, reduce production risks, and displace imports through better quality. Our long-term strategic priority remains unchanged: import substitution and increasing market share. We will continue to invest in the production of the most in-demand fertilizers and expand our product line.

In 2024, we launched a new UAN production line at “Rivneazot”, and in 2025-2026, we will introduce new projects. First and foremost, we are referring to investment projects related to the launch of urea and industrial gas production,” Pavlyuchuk added.