Acron Group is a global Russian mineral fertilizer producer.
History
At the core of the Group are two production facilities, Acron (established in 1961) and Dorogobuzh (established in 1965), which at one time formed the basis of the Soviet fertiliser industry. After the collapse of the Soviet Union, both enterprises were privatised, underwent a large-scale revamping and adopted the long-term reconstruction and upgrade programme and consolidated corporate governance system.
The company in its current form exists since 2002,[1] when Acron developed a vertically integrated business. In addition to its production assets, the Group has its own logistics and distribution networks and is investing in raw material projects. In order to strengthen its position in the world's largest fertiliser market – China – in 2005 the Group acquired complex fertiliser producer Hongri Acron and created its own extensive distribution network. In August 2016 Hongri Acron plant was sold to a Hong Kong industrial and investment company.[2] In 2011 the company entered a joint venture with Rio Tinto to develop the Albany potash prospect in Saskatchewan, Canada.[3]