OREANDA-NEWS. Cherkassy Azot, being a part of Ostchem holding company (consolidating Group DF fertilizer enterprises), since the beginning of 2016 has produced 508K tons of mineral fertilizers, of which 231K tons of ammonium nitrate, 166K tons of urea, 103K tons of UAN (urea ammonium nitrate), and about 7K tons of ammonia water.

"Production facilities of the enterprise are operating at full capacity, and we will cover the existing demand for the fertilizers. The largest increase was achieved in ammonium nitrate production - almost 103% compared to the previous year. The demand for classical types of fertilizer - ammonium nitrate and urea - will last until April. Now all the products produced we supply to the domestic market. The priorities have not been changed for the plant - the major consumer is the Ukrainian agricultural complex", - Vitaliy Sklyarov, Chairman of the Board at Azot PJSC said.

Besides the ammonium nitrate and urea, ammonia water and liquid ammonia are demanded as well. A new trend is also actual - the market demand is high for UAN (urea ammonium nitrate), which belongs to the group of the most effective liquid fertilizers. The company ships daily to the Ukrainian consumers over 2K tons of UAN, and according to Ostchem forecasts, the active shipping of UAN will last until the end of May.

Thanks to the timely modernization and optimization of the production process, Cherkassy Azot is able to respond quickly to changing market conditions. Since Dmitry Firtash purchased the enterprise in 2011 and it entered OSTCHEM holding, over UAH 790 million have been invested in the company.

The annual design production capacity of Azot PJSC amounts to 962.7 K tons of ammonium, 970K tons of ammonium nitrate, 891.6K tons of urea and 500K tons of UAN.