13th Mar 2013 16:56
OJSC PHOSAGRO - PhosAgro to Hold Capital Markets Day on March 14OJSC PHOSAGRO - PhosAgro to Hold Capital Markets Day on March 14
PR Newswire
London, March 13
PhosAgro to Hold Capital Markets Day on March 14
Moscow - PhosAgro ("the Company") (Moscow Exchange, LSE: PHOR), a leadingglobal vertically integrated phosphate-based fertilizer producer, announcesthat it will hold a capital markets day in London on 14 March 2013. The eventwill start at 9:30 London time (13:30 Moscow, 05:30 New York).
At the Capital Markets Day event, PhosAgro's executive management team willshare insights into PhosAgro's strategy, discuss the Company's investmentprogramme including the latest development on current projects, review thecurrent state of fertiliser markets, and provide an in-depth look at howPhosAgro drives competitiveness in areas like sustainable cash flow generation,cost reduction and technological innovation.
A webcast will be available at the following address: http://www.media-server.com/m/p/nxvqnqgj, and the presentations given at the eventwill be made available on the Company's website.
For further information please contact:
OJSC PhosAgro
+7 495 231 2747Irina Evstigneeva, Head of Corporate Finance and Investor RelationsTimur Belov, Press Officer M:Communications Sam [email protected]+44 (0) 20 7920 2356 Notes to EditorsPhosAgro is a leading global vertically integrated phosphate-based fertiliserproducer. The Group focuses on the production of phosphate-based fertilisers,feed phosphate and high-grade phosphate rock (with P2O5 content of not lessthan 39 percent), as well as ammonia and nitrogen-based fertilisers.
The Group is the largest phosphate-based fertiliser producer in Europe, thelargest producer of high-grade phosphate rock worldwide and the second largestMAP/DAP producer in the world (excluding China), according to Fertecon.PhosAgro is also a leading producer of MCP feed phosphates in Europe, and theonly producer in Russia.
PhosAgro has 2.1 billion tonnes of resources (according to JORC) of highquality apatite-nepheline ore, representing over 75 years of production. TheGroup also controls substantial Al2O3 resources and has 41% of Russia's rareearth oxides resources according to the G.P. Luzin Institute of EconomicProblems of the Kolskiy Scientific Centre of the Russian Academy of Sciences,2010).
The Group's mines and phosphate rock production facilities are located in themountainous areas of the Kola Peninsula in the Murmansk region of northwestRussia, whereas its fertiliser and feed phosphate production assets are locatednear the city of Cherepovets in the Vologda region and near the city ofBalakovo in the Saratov region of southwest part of European Russia. PhosAgro's2011 IFRS revenue was over USD 3.4 bln and EBITDA was USD 1.2 bln. The Сompany's net debt/EBITDA ratio was 0.43 at 31 December 2011.
For further information on PhosAgro please visit: www.PhosAgro.com
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