Acron

Acron is a leading Russian and global mineral fertilizer producer, with a diversified product portfolio consisting of multi-nutrient fertilizers such as NPK and bulk blends, and straight nitrogen-based products such as urea, ammonium nitrate and UAN. In 2009, the Group’s commercial output of ammonia and mineral fertilizers totaled 4.4 mln tonnes. The Group’s key markets are Russia, China and other Asian countries, Europe, Latin America, and the CIS.

Acron employs over 13,000 people. In 2009, the Group’s consolidated revenues under IFRS were R37,542 mln ($1,182 mln), and net income was R7,256 mln ($228 mln). Acron’s common shares are listed and traded on the MICEX, RTS and LSE stock exchanges under the symbol AKRN.

Acron has three production facilities: Acron (Veliky Novgorod, Russia), Dorogobuzh (Smolensk Region, Russia) and Hongri Acron (Shandong Province, China). Acron’s logistics and transportation capabilities include its own fleet of railcars and three seaport trans-shipment facilities on the Baltic Sea: at the Kaliningrad port in Russia and at Estonia’s Sillam?e and Muuga ports. The Group operates distribution networks in Russia and China.

Acron plans to enhance its vertical integration and secure supplies of phosphate and potash inputs through the development of its own mineral resource base. The Group owns licenses to develop two apatite-nepheline ore deposits in Murmansk Region and a potassium-magnesium salt deposit in Perm Region (both in Russia).