Akron

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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Akron signs contract for transshipment of up to 700 thousand tons of fertilizers per year via Ust-Luga

The Akron Group and the European Sulfur Terminal concluded a long-term contract for the transshipment of mineral fertilizers up to 700,000 tons per year via Ust-Luga.

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Akron plans to build plants for production of fertilizers in Bolivia

Akron has planned to open two fertilizer plants in Bolivia, the TASS reports, citing the Bolivian President Evo Morales.

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Akron shareholders approve dividends of 185 rubles per share

Akron shareholders decided to pay an annual dividend of 185 rubles per share. Previously, the corresponding recommendations were issued by the Board of Directors of PJSC Akron.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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