The purchase of Apatit state-owned stake would mean higher leverage for Acron
which is a threat for its lavish dividend payments.
Kantor, who ranked 48th among Russia's richest men this year according to Forbes magazine, holds around 80% of Acron
.Country: Russia, Sector: ChemicalsType: MergerStatus: Talks
2011 was one of the most successful years in Acron
's history thanks to growth of both volumes and prices.
's leverage is also unlikely to sustainably exceed the negative guideline level as capex remains highly flexible, while scope remains for dividend cut and the potential divestment of a minority stake in Grupa Azoty.
AT A GLANCE Address: Acron
Waterfront Resort, on the seaward side of the Baga bridge, Baga, Goa-403516.
The commercial heat-cured acrylic resins Lucitone 199 (water bath thermopolymerized; Dentsply/Trubyte, York, PA) and Acron
MC (GC Lab Technologies, Alsip, IL) were selected for the comparisons.
Nonetheless, in H1 Acron
managed to increase complex fertilizer production 0.9% as compared to H1 2012.
10 May 2012 - Russian fertiliser producer Acron
has taken out a USD300m (EUR232m) term loan in a deal led by UK lender HSBC (LON:HSBA), the company said on Thursday.
The first resin to be manipulated was Acron
MC[R] (GC Lab Technologies Inc., Alsip, IL, USA), following the manufacturer's instructions, and when the mix reached the working phase it was embedded in the muffle, which was closed with the aid of screws.
Four new polyacrylate robber grades have been added to the Acron