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06/08/2016

84th Annual Conference of the International Fertilizer Industry Association

 

     From May 30 to June 1 2016 delegation from NIIK represented by President & CEO Mr Igor Esin, Deputy General Director for R&D Mr Lobanov, Head of International Affairs Department Mrs Natalia Kargaeva and manager of International Affairs Department Mr Andreev took place in 84th Annual Conference of the International Fertilizer Industry Association. 
     This year the conference was held in the beautiful city of Moscow. The participants had a chance to enjoy main Moscow sights and also took pleasure to see «Giselle» - famous ballet at the Bolshoi theatre. The opening of the conference, being held in Russia for the first time, was attended by Industry and Trade Minister Denis Manturov. Deputy Prime Minister of the Russian Federation Arkady Dvorkovich was a speaker at the closing ceremony. Participation of governments in the conference confirms its high status and practical significance for the industry. 
     The global economic outlook, impacts of key market trends and nitrogen-fertilizer production/trade potential were discussed during the conference. Nitrogen market is currently characterized by high volatility with urea prices tending to decrease. This is a crucial reason why nitrogen fertilizers manufacturers are focused on product diversification. Fertilizers with micronutrients becomes very popular: micronutrients are essential for plant growth and play an important role in balanced crop nutrition. It justifies the close interest of manufacturers towards NIIK's High Speed Drum Granulation technology. During the conference NIIK's representatives held several effective meetings with leading companies from Asia and Middle East, discussed ongoing projects and future opportunities to be realized in the medium and long term. NIIK's exhibition stand has been constantly busy - we have had a lot of interest in our services. 
     Everyone appreciated incomparable Russian hospitality and had a really good time, the conference was very rewarding and enjoyable for all attendees.

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