Russia’s EuroChem strengthens potash prospects with deal in Eritrea

MINEX Forum | June 13, 2018
img0 EuroChem has signed a take-or-pay offtake agreement with Australia’s start-up Danakali for volumes from the latter’s Colluli sulphate of potash (SOP) project in Eritrea, the Russian fertilizers major said on Tuesday. Under the terms of the agreement, EuroChem will take, pay, market, and distribute up to 100% of the Colluli site’s SOP fertilizer production over ...

Ukraine bans economic activities of dozens of Russian companies

MINEX FORUM | November 8, 2017
img0 Ukraine’s Economic Development and Trade Ministry has suspended all economic activities of 25 Russian companies, including fertilizer producer EuroChem and several its affiliates, like Nevinnomyssky Azot, in the country, the ministry said in a September 19 ruling published late on Tuesday. The ministry also disclosed two rulings dated October 30, in which it imposed similar ...

EuroChem shifted towards complex products

MINEX FORUM | August 10, 2017
img0 EuroChem Group AG (“EuroChem”) a leading global fertilizer company, reported consolidated sales for the second quarter of 2017 of $1.06 billion, 5% higher than in the corresponding period of 2016. The second quarter’s performance lifted sales for the first six months of 2017 to $2.40 billion, 6% above the $2.27 billion in sales realised during ...