Grodno Azot boosts nitrogen fertilizer export by 14.8% in Jan-Sep to 267,400 tonnes
<p> MINSK, November 25 - PrimePress. Grodno Azot increased its nitrogen fertilizer export in January-September 2020 by 14.8% year-on-year to 267,400 tonnes (in terms of 100% nitrogen content), according to official statistics. </p> <p> </p> <p> In monetary terms, the export of nitrogen fertilizers decreased by 6.5% year on year to $122.815 million. </p> <p> </p> <p> The decline was due to unfavorable pricing environment. The average export price of Belarusian nitrogen fertilizers fell in January-September 2020 by 19.6% yoy to $459.328 per tonne. </p> <p> </p> <p> Grodno Azot has been operating since 1963. It was transformed into a joint-stock company in 2002. Khimvolokno OJSC was incorporated into the company in October 2011. Annual output of liquid technical ammonia totals 976,800 tonnes, carbamide – 945,000 tonnes, liquid nitrogen fertilizers – 720 tonnes, ammonium sulfate – 319,000 tonnes, industrial 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>
2020-11-26
Primepress
MINSK, November 25 - PrimePress. Grodno Azot increased its nitrogen fertilizer export in January-September 2020 by 14.8% year-on-year to 267,400 tonnes (in terms of 100% nitrogen content), according to official statistics.
In monetary terms, the export of nitrogen fertilizers decreased by 6.5% year on year to $122.815 million.
The decline was due to unfavorable pricing environment. The average export price of Belarusian nitrogen fertilizers fell in January-September 2020 by 19.6% yoy to $459.328 per tonne.
Grodno Azot has been operating since 1963. It was transformed into a joint-stock company in 2002. Khimvolokno OJSC was incorporated into the company in October 2011. Annual output of liquid technical ammonia totals 976,800 tonnes, carbamide – 945,000 tonnes, liquid nitrogen fertilizers – 720 tonnes, ammonium sulfate – 319,000 tonnes, industrial 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