PhosAgro is one of the world’s leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher.
The Company is the largest phosphate-based fertilizer producer in Europe (by total combined capacity for DAP/MAP/NP/NPK/NPS), the largest producer of high-grade phosphate rock with a P2O5 content of 39%, a top-four producer of MAP/DAP globally, one of the leading producers of feed phosphates (MCP) in Europe, and Russia’s only producer of nepheline concentrate (according to the Russian Association of Fertilizer Producers, RAFP).
PhosAgro’s new strategy to 2025 prioritises sustainable development and adherence to high standards in the social sphere, environmental performance, corporate governance. PhosAgro is contributing to the achievement of 11 of the 17 UN Sustainable Development Goals (SDGs), key drivers for ensuring environmental responsibility and preserving the planet for future generations. As a manufacturer of environmentally friendly fertilizers that do not contain toxic substances, PhosAgro is making an important contribution to ensuring food safety for consumers and thus helping ensure human health and well-being (SDG No. 3), while also supporting responsible production and consumption (SDG No. 12).
PhosAgro supplies essential crop nutrients in more than 100 countries all around the world – in addition to the Company’s priority Russian market. In doing so, PhosAgro is helping ensure global food security while also mounting a challenge to the problem of hunger (SDG No. 2). At the same time, our environmentally friendly fertilizers do not harm the soil, which is especially important in view of the acute problem of soil degradation as a key obstacle to eliminating hunger – 52% of agricultural land suffers from moderate or severe degradation. Moreover, PhosAgro became the first Russian company selected by the UN’s Food and Agriculture Organization to implement a global soil protection initiative.
The Company’s enterprises operate a zero-discharge production system, which means zero pollution of water resources (SDG No. 6); the system is aimed at maximising the use of by-products and the recycling of secondary raw materials (SDG No. 12). As a result of ongoing investments in R&D, expanding production using the best available technologies and increasing production efficiency, PhosAgro is creating decent working conditions and contributing to economic growth (SDG No. 8), sustainable urban development (SDG No. 11) and the availability of quality education (SDG No. 4). PhosAgro initiated and is implementing, along with UNESCO and the International Union of Pure and Applied Chemistry (IUPAC), the Green Chemistry for Life grant programme for young scientists in the field of chemistry, which encourages innovation (SDG No. 9) and is contributing to building partnerships for sustainable development (SDG No. 17). The program of investments in efficient production is designed under ecological standards, which will reduce direct greenhouse gas emissions (SDG No. 13).
PhosAgro’s main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in all of the world’s inhabited continents. The Company’s priority markets outside of Russia and the CIS are Latin America, Europe and Asia. PhosAgro’s shares are traded on the Moscow Exchange, and Global Depositary Receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR). Since 1 June 2016, the Company’s GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.
More information about PhosAgro can be found on the website: www.phosagro.ru.
Contact person: Evgenia Mescherova