Russia's Acron raises 2012 fertilizer production rate from previous year

18 January 2013 11:36  [Source: ICIS news]

MOSCOW (ICIS)--Acron's overall fertilizer production in 2012 mostly increased from the previous year, the Russian holding company said on Friday.

In 2012, Acron produced 2.683m tonnes of nitrogen fertilizers, up from 2.420m tonnes in 2011, and 1.783m tonnes of ammonia - up from 1.769m tonnes in 2011 - it said in a statement.

Production of complex fertilizers was down from 2011 however, at 2.546m tonnes from 2.607m tonnes.

"The commissioning of a new 330-kt [330,000 tonne] urea unit at Acron Novgorod and the increase in complex fertiliser output at Hongri Acron in China helped us maintain high production rates," Acron Board Chair Alexander Popov said.

Acron's "urea production will reach design capacity of 800 kt in 2013, which will allow us to increase our output of UAN," he said.

Acron holding controls OAO Acron, based in Novgorod region, Northern Russia, OAO Dorogobuzh based in Smolensk region, Central Russia, as well as China's Acron-Hongri, based in Shandong province.

By: Sergei Blagov
+44 20 8652 3214

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