print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Uralkali REGISTER LOG IN

Press Releases > Uralkali  all about the company

company search
all press releases
all Uralkali press releases

Uralkali

October 30, 2008

Uralkali production update for 2010

Further to the earlier announced investment programme, in early 2010 Uralkali (Berezniki, Perm Territory) plans to launch the second production line with capacity of 1.5 million tonnes at the Fourth Mine Division Chemical Plant. In line with proposed plans, investment into production development will be USD 170 per tonne of additional capacity, inclusive of the capacities launched in 2006-2008.

Following the launch of the second line, the first line that has been used continuously since 1992, will cease operations for 1 year for capital repair. The value of the planned investment into the line’s repair and modernization is 1.5 billion roubles. This production downtime will be used to substitute the old skip hoists at the Second and Fourth Mine Divisions, which have been used for 40 and 22 years respectively. The total of 2 billion roubles will be invested into the project that is expected to boost the capacity of the mine elevators by 1.5 times.

Below is Uralkali’s structural capacity and maximum potential output for years 2008-2011.

 

Year Structural capacity (million tonnes) Maximum potential output (million tonnes)
2008 5.35 5.35
2009 5.5 5.5
2010 7 5.5
2011 7 7


Vladislav Baumgertner, CEO of Uralkali, said: “Throughout the last several years Uralkali has been fully loading its production facilities to satisfy the world’s growing demand in potassium chloride. We view the launch of new capacities as a priority task and will do our best to fulfil it. Accordingly, we feel it is very important to modernize the first production line to ensure its efficient operation in the future”.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer