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Acron and Dorogobuzh Sign Potash Supply Contracts with Uralkali

Acron and Dorogobuzh signed potash supply contracts for 2010 with Uralkali. The contract price is set at RUB 4,300 per tonne of raw material. The contracts provide for supplying Acron and Dorogobuzh with 450,000 tonnes of potash throughout 2010, completely covering the companies’ potash needs.

Commenting on the contracts, chairman of Acron’s Board of Directors Alexander Popov said:

“Through negotiation we successfully defined the parameters for mutually advantageous cooperation and reached agreements for the benefit of both parties. I would like to specifically praise the position of the relevant governmental agencies – the Ministry of Trade and Commerce and the Federal Antimonopoly Service – that actively contributed to reaching a compromise.”