PhosAgro is a vertically integrated Russian company and one of the world's leading producers of phosphate-based fertilizers. They are known for their environmentally safe products, which help farmers improve crop quality and yields. PhosAgro produces 50 grades of phosphate-based fertilizers, ammonia, and feed phosphates. They also specialize in producing high-grade phosphate rock with a P2O5 (phosphorus pentoxide) content of 39% or higher.
The company's main production subsidiary is JSC Apatit, located in Cherepovets, Russia. PhosAgro also has branch offices in Kirovsk, Balakovo, and Volkhov, along with the PhosAgro-Region and Samoilov Scientific Research Institute for Fertilizers and Insectofungicides.
PhosAgro holds several notable positions in the global fertilizer industry. They are the world's leading high-grade phosphate rock producer, according to the International Fertilizer Association (IFA) data. Additionally, PhosAgro is the number one manufacturer of phosphate-based fertilizers in Europe and the leading fertilizer supplier in Russia, as reported by the Russian Fertilizer Producers Association (RFPA).
PhosAgro AG ZAO has a rich history that dates back to its establishment in the early 2000s. The company has since grown to become a global vertically integrated phosphate-based fertilizer producer.
PhosAgro's history can be traced back to the early 2000s when the PhosAgro holding company and PhosAgro AG management company were established. These entities assumed the management of current production and business activities while developing the production capacities of recently acquired companies.
In 2001, PhosAgro acquired Apatit, Voskresensk Mineral Fertilisers, and Balakovo Mineral Fertilisers, which played a significant role in expanding the company's production capabilities. As part of the vertical integration initiative, Cherepovetsky Azot was incorporated into PhosAgro in 2004, further strengthening the company's position in the industry.
During its early years, PhosAgro focused on modernization programs to enhance production efficiency and flexibility. For instance, Ammophos, one of the leading phosphate-based fertilizer producers in Russia, implemented a modernization program aimed at creating flexible production lines that could adapt to changing market demands.
PhosAgro has also been proactive in establishing strategic partnerships and collaborations. In 2007, the company pioneered the introduction of mineral fertilizer exchange trading in Russia, which increased transparency and reliability in supply contracts. PhosAgro's participation in exchange sales and open auctions aimed to eliminate middlemen and make mineral fertilizers more affordable for end consumers.
The year 2010 marked a significant milestone for PhosAgro as it signed a USD 1.5 billion three-year contract for the supply of diammonium phosphate (DAP) to India. This made PhosAgro the world's first company to sign an annual contract with India for the supply of compound mineral fertilizers (NPK). The company continued its growth trajectory by expanding its production capacities and investing in energy-efficient facilities.
In 2011, PhosAgro achieved another major milestone by conducting an initial public offering (IPO) on the London Stock Exchange (LSE). The IPO raised USD 565 million, providing the company with additional capital for future expansion and development projects. This move further solidified PhosAgro's position as a key player in the global fertilizer industry.
PhosAgro's commitment to innovation and sustainability is evident through its involvement in various projects. The company has collaborated with renowned institutions and organizations, such as UNESCO, to establish grant programs supporting young scientists in the field of green chemistry.
Over the years, PhosAgro has continued to optimize its operations, expand its product range, and strengthen its presence in international markets. The company's focus on vertical integration, strategic partnerships, and technological advancements has contributed to its growth and success as a leading phosphate-based fertilizer producer.
Today, PhosAgro controls significant reserves of apatite-nepheline ore resources and maintains its position as a global player in the fertilizer industry. With a commitment to sustainable practices and innovation, PhosAgro aims to meet the growing global demand for high-quality fertilizers while contributing to the agricultural sector's development and environmental stewardship.
PhosAgro's mission is to contribute to global food security by providing high-quality, environmentally friendly mineral fertilizers and innovative solutions that enhance crop productivity.
The company aims to support sustainable agriculture practices, improve soil fertility, and ensure the safe and efficient use of natural resources. PhosAgro is dedicated to meeting the evolving needs of its customers, promoting the well-being of farmers, and making a positive impact on the communities in which it operates.
PhosAgro's vision is to be a global leader in the production and supply of mineral fertilizers, recognized for its excellence in quality, sustainability, and innovation. The company strives to play a crucial role in addressing the challenges of feeding a growing global population while preserving the environment.
PhosAgro envisions a future where its products and solutions are instrumental in achieving sustainable agriculture, promoting responsible resource management, and supporting the achievement of the United Nations Sustainable Development Goals.
Yury G. Vasilyev ( Deputy CEO for Fertilizer Sales)
Mikhail G. Lomtadze (Deputy CEO for Production and COO)
Alexey V. Sirotenko (Deputy CEO for Commerce and Corporate Development)
Elena I. Demyanova (Chief Accountant)
Irina A. Tarasova (Chief Financial Officer)
Recognition and Awards
Products and Services
PhosAgro is a leading global supplier of mineral fertilizers and related services. The company offers a diverse range of products and services that cater to the needs of farmers and agricultural industries worldwide. Here are some key aspects of PhosAgro's products and services:
- Mineral Fertilizers: PhosAgro provides a comprehensive assortment of granular and liquid mineral fertilizers. These fertilizers are formulated to deliver essential nutrients, including phosphorus, nitrogen, and potassium, that are vital for optimal plant growth and development. With over 50 fertilizer brands, PhosAgro offers a wide selection to meet the specific requirements of different crops and soil conditions.
- High Purity and Quality: PhosAgro's fertilizers are known for their exceptional purity and quality. The company maintains stringent quality control measures to ensure that its fertilizers meet the highest standards. PhosAgro products have low levels of harmful impurities, such as cadmium, and comply with strict international quality and safety regulations.
- Eco-Efficient Solutions: PhosAgro is committed to sustainable and eco-efficient farming practices. The company develops phosphate-based fertilizers that promote optimal nutrient uptake by plants while minimizing environmental impact. These eco-efficient fertilizers help reduce nutrient losses, improve crop yields, and enhance overall agricultural sustainability.
- Customized Nutrition Programs: PhosAgro offers tailor-made nutrition programs for various crops, ranging from small farms to large-scale agricultural producers. By leveraging their extensive expertise in crop cultivation and knowledge of different Russian soils, PhosAgro can develop customized fertilizer recommendations to meet the specific nutritional needs of different crops, helping farmers optimize their yields and achieve better results.
- Research and Development: PhosAgro has a dedicated in-house Research and Development (R&D) function that enables continuous innovation and the development of new fertilizer grades. The company invests in R&D to improve the performance and efficiency of its products, keeping pace with the evolving needs of farmers and the agriculture industry.
- Trials and Results: PhosAgro conducts trials to evaluate the performance of its fertilizers under various conditions. These trials provide valuable data and insights that help farmers make informed decisions about fertilizer selection and application. The results of these trials are shared with customers, providing them with evidence-based information to optimize their fertilizer usage.
- Support and Expertise: PhosAgro's team of experts is available to provide support and guidance to farmers. The company's sales department, reachable through phone or email, assists customers with product selection, order placement, and any inquiries they may have. PhosAgro's knowledgeable professionals can offer advice on fertilizer application techniques and help customers make informed decisions for their agricultural needs.
- Phosagro I Wikipedia
- Phosagro - Production I Phosagro
- Phosagro I Companies History
- Phosagro - About I Phosagro
- Phosagro Company Profile - Phosagro Overview I Global Data
- PhosAgro Becomes the First Russian Company I PR Newswire
- PHOSAGRO: Shareholders Board Members Managers I Market Screener
- PJSC PHOSAGRO PHOR Our story - Stock I London Stock Exchange
- UNESCO/ IUPAC Partnership in Green Chemistry for Life I UNESCO
- PhosAgro PJSC - Company Profile and News I Bloomberg
- Phosagro Locations - Headquarters & Offices I Global Data
- PhosAgro - Products, Competitors, Financials, Employees I CB Insights
- PhosAgro AG - Company Profile & Funding I Crunchbase
- PhosAgro Company Profile: Stock Performance & Earnings I Pitchbook
- PhosAgro AG I LinkedIn
- Phosagro. Information about the issuer I CBonds
- PhosAgro - Overview, News & Competitors I ZoomInfo
- PHOR.MM - Stock Price & Latest News I Reuters
- PhosAgro (PHORru) Stock Price & Chart I Capital
- PhosAgro Energy Efficient Ammonia Production Plant I Rencons
- PhosAgro - PHOR - Stock Price I Trading Economics
Andrey A. Guryev (Chairman of the Management Board)
Maxim V. Volkov (CEO)
Sven Ombudstvedt (Independent Director)
Xavier Rolet (Independent Director)
Sven Erikson (Independent Director)