MOSCOW, December 5, 2012 /PRNewswire/ -- A recent Tilde Finance report on Russian ammonia manufacturers is now available on http://www.tildefinance.com. Russia is the world's largest producer and exporter of ammonia with two dominant producers, EuroChem (19% of the market) and TogliattiAzot (18% of the market). Tilde Finance experts have analyzed basic production statistics for all largest domestic producers, performed an analysis of exports and imports, carried out an analysis of factors affecting the development of the market and performed an in-depth analysis of the market situation and trends which can be classified as potential risks to worldwide supplies. The report is based on data collected from the world's largest ammonia consumers and their assessment of the current situation. The Russian market, which produced 13.9 million tons of ammonia in 2011, is very important globally and can have a significant affect on a variety of world trading factors. Any uncertainty in supplies may be qualified as potential risks for large consumers, as it will be hard for them to re-orientate their supply chains in order to compensate for the shortages. In addition, potential supply shortages could trigger price volatility on the global markets. The need for modernization has been a long-standing issue for Russian manufacturers. The worn-out equipment, which is still used by many producers in the country, may cause serious problems for the sustainable supply of products to the global market. Although practically all Russian manufacturers state that an upgrade of existing assets is one of their primary investment strategies (EuroChem's annual report of 2011), there are still factors that may give rise for concern on the part of bigger buyers. Thus, in just one month of February 2011, the national safety watchdog Rostechnadzor reported 558 technical violations at TogliattiAzot that had led to a rapid increase in repair downtime. If this problem is not addressed by the industry in the near future, it could have a widespread affect on global supplies of ammonia. Russia's largest manufacturers of ammonia EuroChem is a leading global agrochemical company, producing primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. EuroChem Group SE has 89.45% of chartered capital and EuroChem Capital Management has 10.55%.