Russian fertiliser company EuroChem Group saw its sales increase 2% in 2018 to 14.1 million metric tonnes (mt). Volumes of sales increased in all the company's product lines except for nitrogen-based fertilisers, which dropped 260,000 mt from 2017 numbers as a result of reduced production from one large contractor. Growth was led by growth in nitrogen fertilizer sales, with volumes up 24% year-on-year and nitrogen products increasing 14%. “Improved technology, and artificial intelligence will change how we all work,” commented Petter Ostbo, Chief Executive Officer of EuroChem Group. Europe remains the producer's largest sales region for last year, accounting for 29% of the company's sales.
Russian fertiliser company EuroChem Group saw its sales increase 2% in 2018 to 14.1 million metric tonnes (mt). Volumes of sales increased in all the company's product lines except for nitrogen-based fertilisers, which dropped 260,000 mt from 2017 numbers as a result of reduced production from one large contractor. Growth was led by growth in nitrogen fertilizer sales, with volumes up 24% year-on-year and nitrogen products increasing 14%. Europe remains the producer's largest sales region for last year, accounting for 29% of the company's sales.