The OAO Minudobreniya plant, also known as Rossosh, is based on nitrophosphate technology licensed from Yara in the early 1980s, and has an annual production capacity of approximately an annual production capacity of approximately one million tonnes of ammonia, one million tonnes of NPK and 500,000 tonnes of ammonium nitrate (AN). Part of their sales were exports of NPKs from Yuzhny in the Black Sea. Last July, the company, based in the central Russian city of Rossosh, was acquired by Arkady Rotenberg for US$1 billion from Yaibera Holdings Limited. Oslo-based Yara International ASA, the world’s largest nitrogen fertilizer producer, and the other Yaibera shareholders sold their shares to Laguz Management Limited, a company controlled by Arkady Rotenberg.
Now, as the demand for crop nutrients grow, the company announced they will boost capacities, adding 0.5 million tonnes of urea production capacity and increasing ammonia output by 50 percent to 1.5 million tonnes. They are speaking of an investment of one billion dollars. Last year the company sold 1.12 million tonnes of NPK fertilizers, 590,000 tonnes of ammonia and 538,000 tonnes of ammonium nitrate, achieving revenues of US$581 million.