PhosAgro Sets New Agrochemical Production and Shipment Records in January 2025

Moscow – PhosAgro Group set a new record in terms of its monthly agrochemical production and shipment volumes in January 2025.

For the first time in its history, the Group produced over one million tonnes of mineral fertilizers, feed phosphates, and sodium tripolyphosphate.

Alexander Gilgenberg, General Director of Apatit, said: “This is the result of our large-scale investment programme. Last year, the company invested a record RUB 75 billion to develop its production facilities in the Murmansk, Vologda, Leningrad, and Saratov Regions. Over the past decade, we have increased our agrochemical production by 90%, raising the production targets every year. By producing a record 1.06 million tonnes of agrochemical products in January, PhosAgro has laid the groundwork to maintain this momentum in 2025.”

In January, PhosAgro also achieved two all-time shipment records, exceeding one million tonnes for both agrochemical products (1.07 million tonnes) and apatite concentrate (1.01 million tonnes).

Sergey Pronin, Deputy CEO and Commercial Director of PJSC PhosAgro, said: “Thanks to efficient collaboration between our transportation team, Russian Railways, and port administrations, as well as the efficiency of our logistics partners, we have maintained high production rates while delivering on our commitments to customers in our strategic priority market — Russia — and across more than 100 countries around the world.”

About the Company

PhosAgro (www.phosagro.ru) is a vertically integrated Russian company and one of the world’s leading producers of phosphate-based fertilizers and high-grade phosphate rock with P2O5 content of 39% (according to the IFA) . PhosAgro’s high-performance fertilizers produce crops with advanced features.

PhosAgro Group is the largest producer of phosphate-based fertilizers in Europe (by total combined capacity for the production of DAP, MAP, NP, NPK and NPS fertilizers, according to the CRU), the largest global producer of high-grade phosphate rock with P2O5 content of 39% (according to the IFA), one of the leading producers of MAP and DAP fertilizers globally, one of the leading producers of monocalcium feed phosphates (MCP) in Europe – and the only such producer in Russia – and Russia’s only producer of nepheline concentrate.

PhosAgro’s main products, including phosphate rock, 58 grades of fertilizers, feed phosphates, ammonia and sodium tripolyphosphate, are used by customers in around 100 countries spanning all the world’s inhabited continents. The Company’s priority markets beyond Russia and the CIS are Latin America, Europe and Asia.

The Company’s shares are listed on the Moscow Exchange and its global depositary receipts (GDRs) are listed on the London Stock Exchange (MOEX and LSE ticker: PHOR).