ACRON


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AcronymDefinition
ACRONApplied Conflict Resolution Organizations Network (Washington, DC)
References in periodicals archive ?
Acrons Vice President Overseas Dmitry Khabrat noted: Acron Group has been actively involved in the Chinese market for 25 years, so we are naturally interested in promoting trade relations between Russian and China.
In early November Acron announced it had successfully secured financing for the development of the first stage of its potash project from VEB, Eurasian Development Bank and Raiffeisenbank.
Acron, which proposed in May to buy as much as 66% in Azoty Tarnow for PLN36.
Vladimir Kantor, vice president of Acron Group, stated that this is the firm's final offer and it will remain open until 16 July 2012.
According to Acron, the project finance structure involves both equity and debt financing.
Acrons production facility in Veliky Novgorod reached the one million tonne milestone for one of the Groups most popular products at its new Urea Unit No.
All in all, Phosagro's key competitors, Acron and Uralchem, have missed the tender and we see a opportunity for Phosagro to purchase the stake at a reasonable price.
Viacheslav Moshe Kantor, a top Acron shareholder, was cited earlier today by the daily Parkiet as saying that the group was willing to discuss the price for Azoty Tarnow, if any goodwill was shown.
Acron is a vertical integrated, low cost producer with a focus on energy efficiency.
Besides, Acron has accumulated much liquidity that can be allocated for dividend payments or a buy-back.
The Polish treasury said last week it would not sell its 32% in Azoty Tarnow to Acron as such a move would prevent the Polish company from realising its strategy and would also reflect negatively on other local chemical groups and their suppliers.
Nevertheless, we note that on a QoQ basis, Acron demonstrated good production cost control.