OREANDA-NEWS. PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that the United States of America has removed its anti-dumping import duty on the Company’s urea fertilizer.

PhosAgro CEO Andrey Guryev said: “The US Department of Commerce made this decision following a major effort to prove that PhosAgro sells its high-quality fertilizers in full compliance with anti-dumping regulations.”

In 2017 PhosAgro plans to launch a new, high-tech granulated urea line with a capacity of 500 kt per year. Production output from this line that is not consumed by PhosAgro’s domestic Russian market will be sold to export markets, including possibly the US.