The Ministry of Agriculture of Russia set a task to double the production volumes of corn in the country in the short term, the Director of the Department of plant growing, chemicalization and plant protection at the Ministry of Agriculture Petr Chekmarev declared. At the same time, Chekmarev reminded that in general, the Ministry planned…Details
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Russia welcomes the decision of Saudi Arabia to develop the use of civilian nuclear technologies that is part of the kingdom’s development strategy by 2030, Russian Energy Minister Alexander Novak said. Moscow is interested in participation in Saudi Arabian projects related to nuclear power sector, the minister said. “We support the Saudi Arabian initiative aimed…Details
According to official data, as of August 19, Russian farmers have threshed 24.4 million ha (51.7%) of grains and legumes against 21.5 million ha as of the same date in 2015. 77.4 MMT was harvested with average yield of 3.17 MT/ha (in 2015 – 61.4 MMT with 2.85 MT/ha). Wheat was threshed from 15.1 million…Details
The beginning of 2016/2017 season was characterized by constantly raised grain production estimates. Revision of harvesting area expectations and record high grain yields were the main drivers of crop estimates increase. Rosstat informed that winter crops losses were only 364 thousand ha during wintering. This is 3.1% of total planted area compared to February estimates…Details
Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has seen sales of its polymer-bitumen binders increase to 39,000 in H1, up 2 times YoY. This volume of polymer-bitumen binders would typically be used for laying an average 900 kilometres of high-quality road surfacing, the useful life of which would be twice as long…Details
In January-August Arkhangelsk Sea Commercial Port OJSC handled 1,004,100 tons of cargo (down by 9.4% YoY), the company says. Transshipment of import cargo totaled 15,200 tons (-37.4%), exports – down almost 2-fold to 182,200 tons, short-sea traffic – up by 3.2% to 762,100 tons. Arkhangelsk Sea Commercial Port OJSC is a multi-profile stevedoring company of…Details
In the 2015/2016 marketing year rapeseed gross production in Russia reached slightly more than 1000 KMT. This result was obtained in conditions of decreasing planted area for the second consecutive season to 1038 thousand ha compared with record 1326 thousand ha in the 2013/2014 marketing year. In addition to acreage reduction, the productivity has also…Details