PhosAgro is a Russian vertically integrated producer of phosphate-based fertilizers. The company was established in 2001 and employs over 17,000 workers.
The company is Europe’s largest producer of phosphate-based fertilizers, the world’s largest producer of high-grade phosphate rock and the world’s second largest producer (excluding China) of Diammonium Phosphate and Monoammonium Phosphate, Russia’s only producer of feed monocalcium phosphate, and also the sole producer of nepheline concentrate in Russia.
PhosAgro’s shares are traded on the Moscow Exchange and GDRs are traded on London Stock Exchange.
Mumtalakat’s investment was made via its co-investment programme with the Russian Direct Investment Fund (“RDIF”).