August 17, 2011 15:04
SIBUR-Mineral Fertilizers to increase production of caprolactam by 18% in 2011, nitrogenous products - 5%
MOSCOW. Aug 17 (Interfax) - OJSC SIBUR-Mineral Fertilizers, which is part of the SIBUR Holding, plans to increase its production of ammonia this year by 2% in comparison with 2010 to 1.6 million tonnes, nitrogenous products - 5% to 2.7 million tonnes and caprolactam - 18% to 115,000 tonnes the company said in a press release.
SIBUR-Mineral Fertilizer' enterprises produced over 843,000 tonnes of ammonia in the first half of 2011, 1.36 million tonnes of nitrogenous output (ammonium nitrate, carbamide and ammonium sulfate) and 56,000 tonnes of caprolactam. Output of these products went up by 5%, 3% and 1% year-on-year, respectively.
In order to raise operational efficiency and boost total production, the company is implementing a long-term investment program for modernizing its main production capacity and optimizing technological processes. SIBUR-Mineral Fertilizers might have 4,500 tonnes of ammonia output a year thanks to its reequipping production capacity.
The company plans to increase production of carbamide to 180,000 tonnes a year by 2014. In addition to modernizing its current production line, the company is looking into organizing new production facilities in porous ammonium nitrate, as well as nitrogenous products with high valued added.
SIBUR Holding plans to sell SIBUR-Mineral Fertilizers by year's end.
SIBUR-Mineral Fertilizers owns 51% of the shares in Perm-based OJSC Mineral Fertilizers (RTS: MINU), 95%in Kemerovo-based OJSC Azot (RTS: AZKM) and 100% in Angarsk Fertilizer Plant (AATZ).
(Our editorial staff can be reached at email@example.com)
October 25, 2014
French court gives consent to banker Ablyazov's extradition to Russia - Russian Prosecutor General's Office (Part 2)
Putin doesn't view U.S. as a threat to Russia (Part 2)
October 24, 2014
Refusal to buy Russian gas would kill European economies' competitiveness - Putin (Part 2)
Putin: Russia won't do absolutely anything under pressure of sanctions (Part 2)
Lavrov, Kerry agree there are chances to settle Iran nuclear problem - Russian Foreign Ministry (Part 2)
Putin: New global consensus is needed; local dealings unacceptable (Part 2)
Russian envoy to UN criticizes election campaign in Ukraine (Part 2)
Putin calls for setting terms in which force can be used to intervene in countries' affairs (Part 2)
Japan PM praises Georgia's trying "to start a dialogue with Russia"
Georgia vitally interested in preserving Geneva talks format - diplomat
Moscow suspects Kyiv of deliberately shelling Malaysia Airlines Boeing crash site on Oct 13 - diplomat
Italian banker: EU unlikely to keep anti-Russian sanctions in place beyond mid-2015
Russia to continue sending humanitarian aid to Ukraine - envoy to UN