- CEO
- Mikhail Konstantinovich Rybnikov
- Sector
- Basic Materials
- Industry
- Agricultural Inputs
- Address
- Building 1 Moscow Russian Federation 119333
- IPO Date
- Aug 21, 2018
- Business
- Public Joint-Stock Company PhosAgro Public Joint-Stock Company PhosAgro is a vertically integrated Russian producer of phosphate-based fertilizers and related chemicals. The company manufactures over 50 grades of phosphate-based fertilizers, high-grade phosphate rock with 39%+ P2O5 content, ammonia, nitrogenous fertilizers including urea, feed phosphates such as monocalcium phosphate, and other products like aluminum fluoride and sodium tripolyphosphate; it operates through key subsidiaries including JSC Apatit with branches in Cherepovets, Kirovsk, Balakovo, and Volkhov, PhosAgro-Region, and the Samoilov Scientific Research Institute for Fertilizers and Insectofungicides. PhosAgro maintains the largest distribution network for mineral fertilizers in Russia across 74 regions with 22 regional offices and 34 distribution centers, supported by its own logistics infrastructure including two port terminals; products are supplied to over 100 countries, with key markets in Russia, Europe, South America, North America, India, Asia, Africa, and the CIS. Founded in 2001 and headquartered at 55 Leninsky Prospekt in Moscow, Russia, the company pursues its development strategy to 2025, emphasizing eco-efficient production with low cash costs and expansion in premium export markets. Recent developments include record investments of approximately RUB 70-75 billion in 2024 and 2025 to complete major projects such as increasing phosphate rock processing by nearly 400 thousand tonnes annually in Cherepovets and Volkhov, launching a million-tonne fertilizer plant in Volkhov, expanding aluminum fluoride capacity to 96 thousand tonnes per year, advancing the third stage of Balakovo facility upgrades to boost output by 1 million tonnes to 3.5 million tonnes of MAP, DAP, NPS, and NPK fertilizers while adding diammonium phosphate and increasing sulphuric acid production by over 1 million tonnes, developing new mining operations at Kirovsky and Rasvumchorr sites with RUB 38 billion committed, and introducing a phosphogypsum conversion unit; PhosAgro also strengthened partnerships with the UN FAO on soil protection initiatives including the Global Soil Doctors program and recarbonization efforts, enhanced exports to Africa by 33% in 2024, and elevated collaboration with Murmansk Arctic University for mining engineering training.