New priority. Firtash’s industrial giant despite huge losses increased production

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Ostchem companies increased the production of mineral fertilizers by 5.3% to 529.3 thousand tons compared to the 1st quarter of 2024.

About it It is said In the Group DF group message, which includes Ostchem.

Cherkasy nitrogen produced 394.8 thousand tons of fertilizers, and Rivneazot – 134.4 thousand tons.

According to the report, the structure of production has changed in accordance with demand and taking into account imports: the share of ammonium nitrate and carbamide fell, and the weight of the most sought after type of fertilizer – CAS increased.

The production of ammonium nitrate in the first quarter of 2025 decreased by 7.9% to 226.5 thousand tons, the production of urea – by 5.5% to 116.7 thousand tons. CAS production increased by 31% to 162.2 thousand tons. The volume of production of you (produced only at level) increased by 46.3% to 15.8 thousand tons

According to the report, Ostchem in 2025 revised the strategy: the new priority is to reduce production risks through investment in the energy independence of enterprises.

“With increased prices for electricity and stored risks, nitrogen business is forced to take steps aimed at ensuring the stability of production chains and reducing energy consumption from the outside,” the company said.

Oleg Aestarhov’s corporate Group Corporate Communications Head reported that Ostchem companies have encountered forced production stops associated with drones getting into the territory of our factories, the destruction of foreign gas and energy infrastructure in Cherkasy and Rivne regions. In this case, force majeure led to forced disruptions in the supply of fertilizers.

“It was very difficult to business in the first quarter, for the first time we were faced with tremendous challenges,” he said. – “Throughout history, it was the most difficult season, we have suffered great losses due to emergency stops and their restarts.”

As reported, Ostchem in 2024 reduced the production of mineral fertilizers by 13% to 1.8 million tons compared to 2023.

In 2024, Cherkasy nitrogen stored production of fertilizers at a level of 1.4 million tons, and equasot reduced production by 22% to 407 thousand tons.

In 2023, compared to 2022, Ostchem increased the production of fertilizers by 19.5% to 2.1 million tons.

The Ostchem Holding brings together Group DF nitrogen chemistry enterprises.

The main activities of Group DF are nitrogen, titanium and gas businesses.

The founder and owner of Group DF – Dmitry Firtash.

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