Ammonia Manufacturing Up 1.9% yoy in 1Q08

Ammonia production was up by 1.9% yoy to 1,436.6 ths mt in 1Q08, according to Cherkasy State Research Institute of Technical and Economic Information and Chemical Production. The leader with 7.9% yoy increase is Azot Cherkasy (AZOT: N/R) and the outsider is Dniproazot (DNAZ: SELL) (-5.1% yoy).