Lifosa
| Lifosa
|
|
|---|---|
 |
|
| legal form | FROM |
| ISIN | LT0000116691 |
| founding | 1959 |
| Seat | Juodkiškio g. 50, Kėdainiai |
| management | Jonas Dastikas (since April 23, 2004) |
| Number of employees | > 1,000 (2007) |
| sales | 922 million litas (approx. 267 million euros) (2007) |
| Branch | Chemical industry |
| Website | www.lifosa.com |
Lifosa is a major Lithuanian fertilizer producer , which is now the Russian EuroChem - Group belongs (almost 95% of the shares). The company is on the secondary list on the Vilnius Stock Exchange .
The company processes phosphates and other raw materials from Russia into various fertilizer products (primarily diammonium hydrogen phosphate , 88% of total sales in 2007), which are mainly sold to (Western) Europe (a good two thirds), but also to America, Africa and Asia become.
The company's turnover increased by over a third in 2007 compared to the previous year (from 682 to 922 million litas), which was less due to increased production than to the rapidly increasing world market price.
history
The company's beginnings go back to the Soviet Union . In 1959 the construction of a fertilizer plant not far from the central Lithuanian city of Kėdainiai began. In 1963 the production of sulfuric acid started, to which the production of superphosphate was added at the end of 1963 . After several expansions, phosphate production was diversified from 1996 and expanded to include diammonium hydrogen phosphate (1996) and the production of phosphates for animal feed (2000–2002). Since 2000, a turbo generator (25 MW ) has been converting the hot steam produced during the production of sulfuric acid into electricity, which, in addition to supplying the company, also supplies the city of Kėdainiai.
In 1995 the company was converted into a stock corporation under the name Fostra AB and privatized in 1996 (partial privatization as early as 1991–1994). In 2002 Lifosa AB was taken over by the Russian fertilizer manufacturer EuroChem. From 2012 to 2013, the company financed and built the Kėdainiai Arena sports arena .
Individual evidence
- ↑ lifosa.com: Lifosa History , accessed August 1, 2015
- ↑ listofcompanies.co.in: AB LIFOSA , accessed on August 1, 2015
Coordinates: 55 ° 16 '22.8 " N , 24 ° 1' 4.8" E