Akron

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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In the first 3 quarters, Akron increased supplies of mineral fertilizers to domestic market by 15%

The Akron Group has agreed to supply mineral fertilizers to Russian farmers in 2019.

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Akron increased its net profit by 76%, EBITDA grew by 7% in H1

Akron increased its net profit, calculated according to IAS, by 76% in the first six months of 2018. The net debt increased by 18%, the company reported.

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Akron reduced its net profit under RAS 8 times in H1

In the first six months of 2018, Akron reduced its net profit calculated according to the Russian accounting standards, by 8.3%. The revenue increased by 11%, the company informed.

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Akron increases carbamide output by 16% in H1

Akron Group increased production of mineral fertilizers by 2.5% in the first half of the year. The release of all commercial products increased by 4.4%.

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Akron to increase the output of carbamide ammonia mixture to 1.4 million tons per year at Novgorod site

Akron "will increase the production of carbamide-ammonium mixture (CAM) from 1.29 to 1.4 thousand tons per year at the Novgorod site,"  the company informed.

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