Uralchem

Uralchem Group is a Russian manufacturer of a wide range of chemical products, including mineral fertilizers and ammoniac saltpeter.

[14] In April 2010, the company announced to float 40 percent of its shares on the London Stock Exchange in the hopes of raising up to $600 million in funds to be used for servicing debt incurred by the acquisitions.

[10] However, the IPO was put on hold in October that year, citing unfavorable market conditions and investors' nervousness "about external factors.

[18] A year later, the chemical firm acquired a controlling stake in Latvia's liquid ammonia transshipment terminal SIA Ventamonjaks.

[19] The firm has also sought to increase its presence in African markets in recent years, particularly Zimbabwe,[20] where Uralchem is hoping to acquire a minimum 50 percent stake in Chemplex, the state phosphorus fertilizer producer.

[30][31] The Uralchem leadership has also accused Togliattiazot's majority shareholders Vladimir and Sergei Makhlai of engaging in large-scale fraud involving an export scheme for their ammonia and urea production.

[35] In July 2019, Sergei and Vladimir Makhlai as well as Togliattiazot's former CEO Evgeny Korolev and their Swiss partners Andreas Zivy and Beat Ruprecht were sentenced to prison in absentia by the Komsomolsky District Court in Togliatti for a period of 8.5 to 9 years.

[40] The company is running several philanthropic and charitable programs and activities to promote social welfare,[41] culture[42] and education,[43] including providing lab equipment to Perm Polytechnic and hosting concerts.