EuroChem

Eurochem bought its first potash mining license in 2005, to develop Gremyachinskoe deposit, located near the town of Kotelnikovo, southwest of Volgograd. It followed up with the purchase of another license area a few years later - the Verkhnekamskoe deposit near Berezniki, Russia's potash stronghold, in 2008. Usolskiy Potash Project produced 2.223 MMT of potash in 2020.

In Kazakhstan, the company started mining phosphate rock from its Kok-Jon mine in the southeast of the country. Eurochem bought out the Kazakh government's stake in Sary-Tas, a Soviet-era fertilizer plant near Karatau, in the south of the country. The company also produces iron ore from its Kovdorsky mine near Murmansk, which is "byproduct", with the majority of the output bought by Chinese buyers.

According to Bloomberg, "the acquisition of a BASF SE plant in Antwerp by EuroChem for 830 million euros ($930 million) brought in new technologies" for the company. BASF sold its fertilizers activities in Antwerp, Belgium, to EuroChem on March 31, 2012. In July 2012, EuroChem completed the acquisition of K+S Nitrogen, a company marketing nitrogenous fertilizers with a focus on major customers in agriculture and special crops such as fruits, vegetables and grapes.

In 2013, EuroChem established a joint venture with Chinese fertiliser producer Migao in order to increase its presence in Asia, producing potassium nitrate and chloride-free complex fertilizers.

EuroChem's US$1 billion ammonia plant, EuroChem Northwest, in Kingisepp, Russia, launched in June 2019, has a production capacity of 1 million tonnes (1MMT) per year, ensuring EuroChem's full self-sufficiency in ammonia. The company approved the construction of EuroChem Northwest 2, a new 1.1 MMT ammonia and 1.4 MMT urea plant, on an adjacent site in Kingisepp, Russia.

In August 2021, EuroChem scored a deal of $410 million with Norvegian chemical company Yara International to take on the Serra do Salitre phosphate project with 350 million tonnes of deposits in Minas Gerais state in the South-West of Brazil. By August 2021, the project is by half ready to be placed under production by 2023.

In December 2021, EuroChem announced the purchase of 51,48% of shares of Brazilian distributor Fertilizantes Heringer S.A. for about 94 mln dollars, meanwhile waiting for the approvement from local Antimonopoly commission.

EuroChem's founder Andrey Melnichenko beneficially held 90% of EuroChem Group AG shares until 9 March 2022, when he resigned as Non-Executive Director of the Board of Directors, and withdrew as the main beneficiary. The resignation came on the same day Melnichenko was included in a European Union sanctions list, a move he claimed had "no justification". Following his resignation and withdrawal as beneficiary of EuroChem, Melnichenko beneficially controlled 0% of its shares.

In May 2009 a warehouse for mineral fertilizer at the Tuapse Buker Terminal partially collapsed killing two contractors present. An investigation into the accident was launched by regional authorities.

Litigation

Shaft Sinkers

In 2012, Eurochem filed suit against Shaft Sinkers, the London-listed South African mining engineering company that had been contracted to construct the shafts at the EuroChem-VolgaKaliy potash site. Soon after starting work on the cage shaft, things started to go wrong; the grouting technology that Shaft Sinkers used failed, and the shaft later suffered water inflow. According to EuroChem's Clark Bailey, the failure and the flooding of the shaft that led to the lawsuit delayed completion at Volgakaliy project by more than two years.

In 2015, EuroChem-VolgaKaliy won in the Swiss Arbitration Court, which awarded EuroChem-VolgaKaliy around $140m in damages and legal costs. In 2016, EuroChem settled US$1 billion suit against Shaft Sinkers over potash shaft failure. Shaft Sinkers was later declared insolvent, and its listing on the London Stock Exchange was withdrawn.

Ukraine anti-dumping duties

In September 2019, the WTO Appellate Body ruled that anti-dumping duties imposed by Ukraine on ammonium nitrate imports from Russia are violating WTO rules, specifically Article 5.8 of the WTO Anti-Dumping Agreement. The court thereby upheld Russia's claim that Kyiv should have excluded EuroChem, arguing that its dumping had been minimal.