EuroChem is Russia’s largest mineral fertilizer producer and
ranks among the top three European and top ten global producers
by profitability. We aim to become a top five player by size and
profitability within the next five years, while maintaining our
competitive cost advantage through greater efficiency and
deeper vertical integration.

EuroChem was founded ten years ago. Over this period we have
developed the business, our people, and our technical expertise
to form one of the world’s leading agrochemical companies.

The next decade will be hugely exciting for us. In the drive for
sustainable competitive advantages within our industry, we will
continue to raise the bar in everything we do. And in constantly
striving to deliver value for all our stakeholders, our goal is to make
a significant contribution to driving progress in global agriculture.

2012

• EuroChem completes the acquisition of natural gas
  operator Severneft-Urengoy.
• EuroChem announces plans to invest USD 32m in
  environmental protection at its Phosphorit plant.
• EuroChem completes its acquisition of BASF’s fertilizer assets in
  Antwerp, Belgium.

2011

• Two air-quality monitoring stations are installed at
  Nevinnomysskiy Azot.
• EuroChem officially launches the Tuapse Transhipment
  Terminal.
• Commissioning of the Gremyachaya rail station.
• EuroChem secures a five-year USD 1.3bn Pre-Export Finance
  term loan facility from a pool of 15 banks, making it the
  largest bank debt financing in the chemicals sector in Central
  and Eastern Europe since 2009.
• EuroChem announces its intention to acquire 100%
  of BASF’s fertilizer assets in Antwerp, Belgium.
• EuroChem signs long-term RUB 20bn loan agreement with
  Sberbank.

2010

• Active shaft sinking begins at the Gremyachinskoe potash site.
• Fitch and Standard&Poor’s reaffirm EuroChem’s BB credit rating.
• With a daily capacity of 4,350 tonnes, Novomoskovskiy Azot becomes the largest urea plant in Europe following the launch of a second production line.
• EuroChem doubles feed phosphate capacity at AB Lifosa to 150 KMT p.a.
• EuroChem secures ten-year, USD 261m ECA-backed loan facility for financing the construction of the cage shaft at its Gremyachinskoe potash deposit. The transaction was awarded the ‘Deal of the Year 2010’ by Euromoney Trade Finance Magazine.
• EuroChem is one of three EMEA finalists for the Gartner Business Intelligence Excellence Award.

2009

• EuroChem corporate charity program named best in chemicals sector, 8th best in Russia, by PwC and Vedomosti newspaper.
• Standard & Poor’s affirms EuroChem’s BB credit rating.
• Fitch Ratings affirms EuroChem’s BB credit rating.
• EuroChem’s Russian assets receive certification under the ISO 9001:2008 (quality), ISO 14001:2004 (environment), and OHSAS 18001:2007 (professional health and safety) international standards.
• EuroChem launches CAN production facility at Novomoskovskiy Azot, with nameplate capacity of 420 KMT p.a.
• EuroChem launches first granulated urea production facility in Russia with nameplate capacity of 2,000 tonnes of granulated urea per day.

2008

• Attracts a 4-year, US$ 1.5bn syndicated loan that wins numerous deal of the year awards.
• Acquires a license to mine the Verkhnekamskoe potash deposit in the Perm region at a public auction. The site has reserves of 1.5bn tonnes of sylvinite*.
• Signs contracts for construction of mine shafts at Gremyachinskoe potash deposit.
• Credit rating upgraded to BB by Fitch and S&P.

2007

• Receives first corporate credit ratings (BB-) from Fitch and S&P.
• Debt capital market debut with US$ 300m Eurobond issue.
• Acquires a terminal in the Murmansk merchant port.
• Acquires Mosaic Ukraine and Mosaic Krasnodar distributors.

2006

• Begins construction of Tuapse transhipment terminal.
• Successful syndication of US$ 350m 40-month loan nominated best deal of the year by Global Trade Review and Trade Finance magazines.

2005

• Acquires Lifosa phosphate plant from shareholders.
• Acquires license to mine Gremyachinskoe potash deposit in the Volgograd region at a public auction. The site has 1.7bn tonnes of reserves*.

2004

• Large-scale upgrade of ammonia production launched at Novomoskovskiy Azot sharply reduces gas and steam consumption.

2003

• Series of upgrades and overhauls at BMU plant.

2002

• Acquires controlling stakes in current Russian assets: Nitrogen plants Novomoskovskiy Azot and Nevinnomysskiy Azot; phosphate plants Phosphorit and Belorechinskiye Minudobreniya (BMU); iron ore and apatite mine Kovdorsky GOK.

2001

• EuroChem is established.

* as per Russian reserves classification A+B+C1+C2+P1.