Russia's Phosagro says output, sales hit record in 2012

MOSCOW Mon Jan 21, 2013 8:53am GMT

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MOSCOW Jan 21 (Reuters) - Russian phosphate and nitrogen fertiliser producer PhosAgro, which debuted in a London public offer in 2011, said total production and sales hit record levels in 2012, citing organic growth.

Production grew 8.6 percent to 5.4 million tonnes, including 4.3 million tonnes of phosphate fertilisers and 1.1 million tonnes of nitrogen fertilisers.

Sales rose 7.8 percent to a total of 5.3 million tonnes, including 4.2 million tonnes of phosphate fertilisers and 1.1 million tonnes of nitrogen-based fertilisers.

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