Belarus’ Grodno Azot reports 1.4% increase in nitrogen fertilizer exports in Jan-Mar 2021 to 62,266 tonnes
<p> MINSK, May 19 - PrimePress. Belarus’ chemical company OAO Grodno Azot says its nitrogen fertilizer exports grew by 1.4% on the year in January-March 2021 to 62,266 tonnes (in terms of 100% nitrogen), Belstat said in an official report. </p> <p> </p> <p> In money terms exports grew by 28.2% on the year in Jan-Mar 2021 to $37.351 million. </p> <p> </p> <p> Belstat analysts attribute growing proceeds to an increase in the physical volume of fertilizer supplies, and a favourable price situation in the chemical fertilizer market: the average price of Belarus’ nitrogen fertilizer export stood at $600 per tonne in Jan-Mar 2021, up 26.4% year on year. </p> <p> </p> <p> As previously reported, Grodno Azot increased of nitrogen fertilizer export by 14% year on year in 2020 to 384,400 tonnes in terms of 100% nutrient content. In value terms, the export decreased in 2020 by 3.1% year on year to $181.07 million. The average export price of Belarusian nitrogen fertilizers fell in January-December 2020 by 15% year on year to $471.059 per 1 tonne. </p> <p> </p> <p> Grodno Azot was set up in 1963 and transformed into an open joint-stock company in 2002. The Belarusian government holds a 99.97% stake. </p> <p> </p> <p> Grodno Azot is Belarus’ main producer of liquid ammonia, nitrogen fertilizers, methanol, caprolactam, biodiesel fuel. </p> <p> </p> <p> OAO Grodno Azot’s ammonia capacity stands at 976,800 tonne per year, carbamide – 945,000 tonnes, nitrosol – 720,000 tonnes, ammonium sulphate – 319,000 tonnes, technical methanol – 80,000 tonnes, caprolactam – 121,200 tonnes, crystalline hydroxylamine sulfate – 3,300 tonnes, fatty acid methyl esters (biofuel) – 40,000 tonnes, highest quality carbon dioxide – 24,000 tonnes. End </p>
2021-05-20
Primepress
Belarus’ Grodno Azot reports 1.4% increase in nitrogen fertilizer exports in Jan-Mar 2021 to 62,266 tonnes
MINSK, May 19 - PrimePress. Belarus’ chemical company OAO Grodno Azot says its nitrogen fertilizer exports grew by 1.4% on the year in January-March 2021 to 62,266 tonnes (in terms of 100% nitrogen), Belstat said in an official report.
In money terms exports grew by 28.2% on the year in Jan-Mar 2021 to $37.351 million.
Belstat analysts attribute growing proceeds to an increase in the physical volume of fertilizer supplies, and a favourable price situation in the chemical fertilizer market: the average price of Belarus’ nitrogen fertilizer export stood at $600 per tonne in Jan-Mar 2021, up 26.4% year on year.
As previously reported, Grodno Azot increased of nitrogen fertilizer export by 14% year on year in 2020 to 384,400 tonnes in terms of 100% nutrient content. In value terms, the export decreased in 2020 by 3.1% year on year to $181.07 million. The average export price of Belarusian nitrogen fertilizers fell in January-December 2020 by 15% year on year to $471.059 per 1 tonne.
Grodno Azot was set up in 1963 and transformed into an open joint-stock company in 2002. The Belarusian government holds a 99.97% stake.
Grodno Azot is Belarus’ main producer of liquid ammonia, nitrogen fertilizers, methanol, caprolactam, biodiesel fuel.
OAO Grodno Azot’s ammonia capacity stands at 976,800 tonne per year, carbamide – 945,000 tonnes, nitrosol – 720,000 tonnes, ammonium sulphate – 319,000 tonnes, technical methanol – 80,000 tonnes, caprolactam – 121,200 tonnes, crystalline hydroxylamine sulfate – 3,300 tonnes, fatty acid methyl esters (biofuel) – 40,000 tonnes, highest quality carbon dioxide – 24,000 tonnes. End