PhosAgro is a Russian chemical holding company producing fertilizer, phosphates and feed phosphates. The company is based in Moscow, Russia, and its subsidiaries include Apatit, a company based in the Murmansk Region and engaged in the extraction of apatite rock. The company is Europe's largest producer of phosphate-based fertilizers. Firoozeh Shargh Aras Co. and Armor Group (our partner) have the exclusive reselling and distributing right of PhosAgro in the Middle-East