Russia's Acron receives regulatory approval for potash project

07 November 2012 16:13  [Source: ICIS news]

MOSCOW (ICIS)--Russian mineral fertilizer producer Acron said on Wednesday that its new potash project has received regulatory approval.

Russian regulatory agency Glavgosexpertiza has approved the first stage of the Talitsky potash project – developed by Acron subsidiary Verkhnekamsk Potash Company, Acron said in a statement.

The first stage of the Talitsky project is expected to be on stream in 2016, with a capacity of 1m tonnes/year of potassium chloride. The project’s capacity is expected to reach 2m tonnes/year by 2018, and the facility is estimated to cost $2bn (€1.6bn).

The reserves of the Talitsky potash deposit, located in Russia's Perm region, are estimated at 157m tonnes, according to Acron.

By: Sergei Blagov
+44 20 8652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly