Akron

Akron to pay dividends in the amount of 130 rubles per share

Shareholders of Akron have approved distribution of part of the company’s profits based on results of previous years, proposed by the Board of Directors, the company reports.

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Akron may pay dividends in the amount of 130 rubles per share

Akron’s Board of Directors has recommended shareholders to approve payment of dividends on ordinary shares from retained earnings of previous years in the amount of 130 rubles per share.

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In 2018, Akron increased supplies of mineral fertilizers to Russian market by 50%

In 2018, Akron supplied 900 thousand tons of fertilizers to Russian consumers, increased the supplies by 50% compared to the previous year, the company reported.

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Akron increases nitrogen fertilizer output by 11%, mixed fertilizers - reduced by 72%

The enterprises of the Akron group increased the production of marketable products by 2.5% in 2018. According to the report of the group the output of mineral fertilizers increased by 2.2%.

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Akron plans to launch facilities for production of nitric acid for 270 thousand tons

Akron Group intends to invest more than 2 billion rubles in launch of nitric acid facilities at the site in Veliky Novgorod, the press centre of the Group told the Rupec.

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In the first 9 months of 2018, EBITDA of Akron grew by 12%

In the first nine months of 2018, the Akron’s revenue under IAS increased by 12% to 77.779 million rubles compared to the result for the first nine months of 2017 – 69.289 million ruble

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Akron launches 6th unit for production of urea for 600 thousand tons in Veliky Novgorod

Akron Group has launched a new urea production unit at its site in Veliky Novgorod. This will allow Akron to reach a capacity of 3.8 thousand tons of urea per day.

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Petrochemistry provides 80% of demand for rare-earth metals in Russia - Ministry of Industry and Trade

The demand for rare earth metals (REM) in Russia does not exceed 1 thousand tons. The key consumer is the petrochemical complex.

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In the first 9 months, Akron increased its revenue under RAS by 19%

In the first 9 months of 2018, the Akron's revenue, according to the unconsolidated statements under RAS, amounted to 46,654 billion rubles, which is by 19% more than in the same period of the

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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