Phosagro has now invested 64 billion rubles in its development. Fertilizer production has increased

Volkhov branch of Apatit JSC Phosagro Group, which includes Apatit from Cherepovets and its branches in Kirovsk, Balakovo and Volkhov, and a number of other assets, increased the output of mineral fertilizers by 6.7 percent from January to September compared to the same period last year.

The total volume of products produced thus reached 8.1 million tons. At the same time, the figure may reach 10.9 million tons by the end of the year. As the Prime agency notes, the first three quarters of the year showed strong results for Phosagro.

The company notes that the results have been achieved by the smooth operation of new production facilities that were launched as part of the implementation of Phosagro's comprehensive long-term development program. The Group plans to invest more than 250 billion rubles in the next 5 years. This year, the company has invested 64 billion rubles in its development.

Read more interesting news in our Telegram channel

Author: Natalia Alyoshina

Made in Russia // Made in Russia

#made by Russia