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Cherkasy Azot | |
Native name | Ukrainian: Приватне Акціонерне Товариство «Азот» |
Company type | Public Limited Company |
Industry | Chemical |
Founded | 1962 |
Founder | Council of Ministers (Ukrainian SSR) |
Headquarters | , Ukraine |
Products | Nitrogen fertilizers |
Number of employees | 4500 [1] |
Parent | Ostchem Holding |
Website | ostchem |
Azot PrAT, [a] doing business as Cherkasy Azot, is a Ukrainian manufacturer of nitrogen fertilizers. [2] [3] Ukrainian oligarch Dmytro Firtash's chemical-industry holding corporation, Ostchem Holding, manages the company as well as several other fertilizer manufacturers in Ukraine and other post-Soviet states.
Azot serves both the domestic and export markets. Products are primarily ammonia and ammonium salts, but also include certain specialty ion-exchange resins.
The plant's name, Azot, is Ukrainian for "nitrogen", and Cherkasy is the location of its chemical plant.
The plant began construction in 1962. On March 14, 1965, it released the first batch of liquid ammonia. By 2011, the company controlled 43 subdivisions on 500 hectares (1,200 acres) at the southern outskirts of Cherkasy city. [4] These facilities have the capacity to produce up to 3 million tonnes of fertilizers per year,[ citation needed ] which can then be exported worldwide.
The 2022 Russian invasion of Ukraine restrained export and import (the Black Sea harbours are blocked by the Russian Navy) of raw materials, and finished products. It has also reduced domestic demand for fertilizers, due to a reduction in crop planting.
The company's ultimate owner, Dmytro Firtash, has developed the "Save Your City Ukrainian : Збережи своє місто" brand for his philanthropic endeavours. The company financed renovation of the "Friendship of Peoples" concert hall and public plaza in downtown Cherkasy. [6] In the surrounding area, it has paid for road repairs and trolleybus transfer center improvements; [7] renovated schools; [8] and manages a children's hospital specializing in neurological disorders. [7]