PhosAgro Joins European Sustainable Phosphorus Platform - Seite 2

"Joining the European Sustainable Phosphorus Platform is a logical step in integrating PhosAgro into the international community. It also offers an opportunity to share knowledge and technology, collaborate in addressing pressing issues facing humanity, and build a constructive dialogue with regulators and national governments, which is of particular importance against the backdrop of the world community's increasing attention to food safety and human health.

"This past May, a historic decision was made to bar the sales of phosphate-based fertilizers with a high content of heavy metals in the EU from 2022, while also introducing voluntary green labelling for fertilizers with cadmium content below a safe level of 20 mg/kg P2O5. At the same time, in its International Code of Conduct for the Sustainable Use and Management of Fertilizers, the UN Food and Agriculture Organization (FAO) has enshrined a recommendation that governments worldwide introduce restrictions on the sale of fertilizers containing high levels of toxic substances."

About PhosAgro

PhosAgro is one of the world's leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher. PhosAgro's phosphate-based fertilizers stand out for their high efficiency, ensure safety of agricultural products to human health and do not contaminate soils with heavy metals.

The Company is the largest phosphate-based fertilizer producer in Europe (by total combined capacity for DAP/MAP/NP/NPK/NPS), the largest producer of high-grade phosphate rock with a P2O5 content of 39%, a top-three producer of MAP/DAP globally, one of the leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia, and Russia's only producer of nepheline concentrate (according to the RAFP).

PhosAgro's main products include phosphate rock, 39 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 100 countries spanning all of the world's inhabited continents. The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.

PhosAgro's shares are traded on the Moscow Exchange, and Global Depositary Receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR). Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

More information about PhosAgro can be found on the website: www.phosagro.ru.

For further information please contact:

PhosAgro

Andrey Serov, Head of Investor Relations Department
[phone] ext 2183
[e-mail]  

Timur Belov, Press Officer
[phone]
[e-mail]  

EM
Sam VanDerlip
[e-mail]  
[phone]
[phone]

Dmitriy Zhadan
[e-mail]          
[phone]
[phone]