OAO Uralkali

11/16/2021 | Press release | Distributed by Public on 11/16/2021 05:50

Uralkali Launches Pilot Project to Use Renewable Energy Sources

Uralkali (the Company), one of the world's largest potash producers, announces the launch of another pilot project to use electricity from renewable energy sources. Through its partnership with PJSC Fortum, which is a part of Fortum Corporation, a leading electricity supplier and developer of intellectual solutions in energy efficiency, the Company will use electricity generated by solar power plants located in Russia's Bashkortostan Republic and Orenburg Region for its industrial facilities.

Uralkali is currently developing its own climate strategy aimed at reducing the Company's carbon footprint and greenhouse gas emissions. The solar power project will help Uralkali to gain unique experience in using sustainable sources of energy for the production of potash fertilizers.

Aleksey Ryumkin, Uralkali Chief Power Engineer, commented:

As ESG is becoming increasingly relevant for the industry, the use of solar power is a promising development area for the national energy sector.

Uralkali is gradually increasing its in-house expertise in using electricity from renewable sources. For instance, in October, we purchased a small amount of hydropower as part of a similar pilot.

Uralkali (www.uralkali.com) is one of the world's largest potash producers and exporters. The Company's assets consist of 5 mines and 7 ore treatment plants in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs more than 12,000 people in the main production unit.