STRATEGY

STRATEGY
In 2011; SV "Voskresenskiy Mineral Fertilizers" launched the program for production upgrade through 2020. SV "Voskresenskiy Mineral Fertilizers" employs a long-term development program, aimed at increasing competitiveness on the global chemical market. SV "Voskresenskiy Mineral Fertilizers" seeks the highest business performance by upgrading production, improving management processes and reducing environmental impact, as well as investing in human resources and region’s success.

STRATEGIC PRIORITIES
· Maintaining leadership positions in the global chemical industry in terms of output SV "Voskresenskiy Mineral Fertilizers" is among top five ammonia producers: the company produces almost 20% of ammonia in Russia and some 10% of ammonia in the world.
PRODUCTION EFFICIENCY AND STABILITY
production facility upgrade program through 2022. The program entails comprehensive repairs and upgrade of all production infrastructure facilities,
including seven ammonia units and two carbamide units, two unique refrigerated tanks for liquid ammonia storage, with a volume of 30,000 metric tons each, biological treatment plants and railroad infrastructure.

In 2017, SV "Voskresenskiy Mineral Fertilizers" will start the construction of the third carbamide unit with a capacity of 10,200 metric tons per day. The project, envisages the construction of a high-tech unit, which will produce reduced air emission and 93% carbamide purification. SV "Voskresenskiy Mineral Fertilizers" invests over 39.5 bln rubles in the construction. The facility will be commissioned in 2020. In 2018, SV "Voskresenskiy Mineral Fertilizers" will launch the construction of a new ammonia purge gas recovery unit with a capacity of 1,860 metric tons per day. The project was developed in cooperation with engineering company and
implements an industrial technology, which is unique for the Russian chemical industry: purge gas from the units located at SV "Voskresenskiy Mineral Fertilizers" area will be used a raw material for ammonia production. Using the resources of the enterprise will lead to a considerable increase in the unit performance and reduction of negative environmental impact. Given the absence of the traditional reforming and purification stage, ammonia production from purge gas involves practically no liquid and gaseous waste. The overall waste produced by the new unit will amount to 0.27% of the total waste of the plant. In addition, cutting process stages will result in minimizing energy consumption to 8.5 Gcal
metric ton of produced ammonia. The unit will be put into operation in 2021.

* EXPANDING COMMODITY MARKETS
SV "Voskresenskiy Mineral Fertilizers" accounts for a 20% share on the Russian market of mineral fertilizers. At present, SV "Voskresenskiy Mineral Fertilizers" production is exported in 120 countries. The completion of transshipment complex construction in the port of Taman, Krasnodar Territory, will provide for the stability of cargo flows and expand the sales geography, by 2020.

* LABOR PROTECTION, ENVIRONMENTAL PROTECTION
The company operates in line with the requirements of environmental law and seeks to provide safe working conditions for its employees, as well as to prevent incidents and injuries. SV "Voskresenskiy Mineral Fertilizers" development strategy through 2022 incorporates environmental events, including those envisaging the implementation of high-tech solutions to minimize the anthropogenic impact on the environment.

* EFFICIENT MANAGEMENT TO DELIVER LONG-TERM COMPETITIVENESS
LONG-TERM COMPETITIVENESS
The highest possible management efficiency is a priority for SV "Voskresenskiy Mineral Fertilizers" executives. Since 2013, SV "Voskresenskiy Mineral Fertilizers" has been consistently implementing its Transformation Program, which defined the development and improvement of the company’s key business process, including planning of the production and repairs,
purchase and project activity, document flow, budget policy, remuneration and incentive system.