PhosAgro renews its strategic partnership agreements with FIDE and the Russian Chess Federation

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MOSCOW, June 10, 2021 / PRNewswire / – PhosAgro, one of the world’s leading producers of vertically integrated phosphate fertilizers, has renewed its strategic partnership agreements with the International Chess Federation (FIDE) and the Russian Chess Federation (RCF).

The signing ceremony, attended by the President of FIDE and the President of the Skolkovo Foundation Arkady Dvorkovich, President of the RCF Andrei Filatov, and CEO of PhosAgro and vice-president of RCF Andrey Guriev, took place at the Mikhail Botvinnik Central Chess Club.

FIDE and Skolkovo Foundation President Dvorkovich congratulated PhosAgro on its 20th anniversary: ​​“It is impossible to imagine a World Championship without PhosAgro as a partner, and I am happy that the company is partnering again this year for the championship and, no less important, the World Chess Cup to be held in July and August in Sochi.

“I think this reaffirms the company’s commitment to the philosophy of chess and its support both for the Russian school and for the development of chess around the world. Our partnership will have a significant impact in terms of supporting chess. young generation of chess players both in Russia and all over the world.

“This time, the world championship will take place within the framework of the universal exhibition of Dubai, which will bring together the greatest minds not only from the chess world, but also from politics, business and technology. I think this is very much in line with the combination of expertise of the International Chess Federation and PhosAgro. “

RCF President Filatov thanked PhosAgro for his long-standing support: “Today we have entered the annals of our country’s history: our team is both European and world champion and winner of the Olympic Games. PhosAgro and Andrey Guryev personally played a major role. in these historic victories. I would like to thank Arkady Dvorkovich for his appreciation of this fact and for introducing Andrey [Guryev] with an Olympic gold medal for his considerable contribution to the development of the chess movement in Russia and internationally, he deserves it! “

“Chess has become a traditional business game for us, part of our corporate culture,” said Mr. Guryev. “Our company is celebrating its 20th anniversary this year and we have supported the Russian Chess Federation for 11 of those years. We are also a sponsor of the World Chess Championship and its qualifying tournaments. This signing ceremony has become a tradition: chess is growing in popularity in our country and around the world, and this requires proper support from the business community. Chess and PhosAgro have a lot in common: we are always thinking of our next move – or rather two or three moves – in order to surpass our competition. For PhosAgro, it is important to support Russian chess and Russian chess players, but the main focus of our efforts is to crown another Russian world chess champion. ”

In addition to chess, PhosAgro is a long-standing partner of the Russian Olympians Foundation, Russian Rhythmic Gymnastics Federation, Moscow Rhythmic Gymnastics Federation, Russian Swimming Federation, Russian Federation cross-country skiing of Russia and the St. Petersburg Regional Judo Federation, and is a sponsor of Severyanka Volleyball Club (Vologda region) and Proton Volleyball Club (Saratov), Avtodor basketball club and Turbina Balakovo Speedway team (Saratov region), thus contributing to the international success of Russian sport.

About PhosAgro

PhosAgro (www.phosagro.com) is one of the world’s leading producers of vertically integrated phosphate fertilizers in terms of production volumes of high quality phosphate rock and phosphate rock fertilizers with a P2O5 content of 39% and more. The ecological fertilizers from PhosAgro stand out for their high efficiency and they do not lead to soil contamination with heavy metals.

The Company is the largest producer of phosphate-based fertilizers 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%, one of the top three producers of MAP / DAP in the world, l ” one of the main producers of food phosphates (MCP) in Europe, and the only producer of Russia, and that of Russia sole producer of nepheline concentrate (according to the RAFP).

The main products of PhosAgro include phosphate rock, 39 grades of fertilizer, food phosphates, ammonia and sodium tripolyphosphate, which are used by customers in 102 countries covering all inhabited continents of the world. The Company’s priority markets outside of Russia and the CIS are Latin America, Europe and Asia.

PhosAgro shares are traded on the Moscow Stock Exchange and global certificates of deposit (GDR) for the shares are traded on the London Stock Exchange (under the symbol PHOR). Since June 1, 2016, the Company’s GDRs have been included in the MSCI Russia and MSCI Emerging Markets indices.

SOURCE PhosAgro



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