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Acron FY'16 commercial fertilizer output jumps 19.8% YOY

Russian fertilizer producer PJSC Acron on Jan. 24 said total commercial output for mineral fertilizers in 2016 jumped 19.8% year over year to about 5.3 million tonnes.

The group produced 2.2 million tonnes of ammonia and about 3.7 million tonnes of nitrogen fertilizer, representing respective increases of 28.9% and 23.2% on a yearly basis.

The group attributed the higher output of key products to the commissioning of a new ammonia unit at Veliky Novgorod.

Total commercial output for industrial products, however, dropped 8.3% year over year to 869,000 tonnes, while total commercial production for apatite concentrate slid 5.9% to 339,000 tonnes.

In addition, Acron produced 62 tonnes of rare earth metal compounds at Veliky Novgorod.