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Acron to Sustain Fertiliser Price Cap for Russian Farmers throughout 2009

In pursuance of the Cooperation Agreement, signed between the Russian Fertilisers Producers Association and Russian Agro-Industrial Association with the aim to meet the demand of domestic farmers in 2008 through 2012, companies of Acron Group have set price cap for their mineral fertiliser sales to Russian farmers.

For H2 2009, price cap will remain at the level of H1, which is RUB 5,000 per 1 tonne of ammonium nitrate; RUB 7,700 per 1 tonne of urea; RUB 10,200 per 1 tonne of NPK (16:16:16). Prices are VAT exclusive for bulk cargo, FCA production facility.