Russia's Acron targets extra US sales after UAN capacity expansion

12 February 2014 12:05 Source:ICIS News

LONDON (ICIS)--Russia's Acron is attempting to drive up urea ammonium nitrate (UAN) exports to the US now that it has brought its UAN capacity to 1m tonnes/year through debottlenecking, the company said on Wednesday.

“We have a well-established trading relationship in the US and we can definitely sell more product there,” said Ilya Popov, investor relations head at Acron, confirming the $27m debottlenecking project had successfully increased the UAN capacity from 700,000 tonnes/year.

“In terms of sales of the product we see very good demand in US where we ship most of our UAN,” added Popov.

Acron is the number-two exporter of UAN – a liquefied mineral fertilizer – into the US, Popov said, noting that the company was also looking to develop its UAN sales in Latin America and Europe.

The company launched its UAN installation in 2007 in Novgorod, northwestern Russia, and subsequently purchased a rail tanker fleet and transshipment facility, in Sillamae, on northern Estonia's Baltic Sea coast, to enable the efficient export of its output.

By Will Conroy