03 February 2020
In 2019, PJSC “Rivneazot” increased output of mineral fertilizers by 143%
For 12 months of 2019, PrJSC “Rivneazot”, a member of Group DF nitrogen line of business, produced 1,135,000 t of mineral fertilizers, of which the most was ammonium nitrate (587,000 t), ammonia technical (292,000 t), calcium ammonium nitrate (221,000 t). The company also produced 35,000 t of liquid ammonia technical and 604,000 t of non-concentrated nitric acid.
“We have exceeded the production plan. Compared to the previous year, the output grew by 143%. The most important production event of the year for us was the revival of the own ammonia production. Previously, we used to buy it. Two factors contributed to the production output and the amount of investments: closure of Ukrainian market for the import of Russian fertilizers and the support of the major shareholder. During the year, a total of UAH 73.95 million was invested in fixed assets. Another important factor was that our company ensured gas supplies at acceptable prices”, commented Mykhailo Zabluda, Chairman of the Board, PrJSC “Rivneazot”.
In 2019, the company invested:
In 2018, PrJSC “Rivneazot” produced only 466,500 t of fertilizers, of which 395,880 t of ammonium nitrate, 64,060 t of calcium ammonium nitrate, 6,560 t of marketable aqueous ammonium technical. In 2018, the company also produced 355,430 t of non-concentrated (weak) nitric acid, 128,400 t of liquid nitrogen, 3,100 t of marketable oxygen technical.