Add Press Release

EUROCHEM 24/10/2006

NINE MONTHS' OUTPUT OF EUROCHEM ENTERPRISE IN LITHUANIA GROWS 6%

During the first nine months of 2006 Lifosa AB, a part of EuroChem Mineral and Chemical Company, produced 584,750 tonnes of diammonium phosphate – a phosphorous-containing fertilizer and a core product of the enterprise. The output was 6% ahead of the year-ago level. The output of feed phosphates grew to 50,610 tonnes (103% of the year-ago level). Feed phosphates are important nutritional supplements for livestock. A strong growth was seen in the production of sulphuric and phosphoric acids which are primarily used at Lifosa AB as raw materials for phosphate fertilizers and feed phosphates. The production of aluminium fluoride saw the highest growth (149.5% of the year-ago level). This product is used mainly in the production of aluminium metal by electrolysis.

EuroChem Mineral and Chemical Company is the major Russian producer of mineral fertilizers, one of the top three European producers and top ten global industry leaders. The company is comprised of mining and manufacturing enterprises, as well as logistics branches and a broad sales network with 30,000 employees all over the world. Among its chemical manufacturing enterprises are Nevinnomyssky Azot (Stavropol Territory), Novomoskovsky Azot (Tula Region), Kovdorsky GOK (ore-mining plant) (Murmansk Region), Phosphorit Industrial Group (Leningrad Region), EuroChem - Belorechenskie Minudobrenia (Krasnodar Territory), and Lifosa AB (Lithuania, European Union).