acron


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acron

[′ak‚rän]
(evolution)
Unsegmented head of the ancestral arthropod.
(invertebrate zoology)
The preoral, nonsegmented portion of an arthropod embryo.
The prostomial region of the trochophore larva of some mollusks.
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The Russia-China EXPO will be held in Yekaterinburg 11-14 July as a part of the INNOPROM-2016 trade fair Three companies from Acron Group will be represented at the Russia-China EXPO: Russian chemical enterprise Acron (Veliky Novgorod), Chinese chemical company Hongri Acron (Linyi), and Chinese sales company Yong Sheng Feng (Beijing).
Acron also holds investments that offer added value for investors.
Should it secure a significant minority interest in Azoty Tarnow, Acron is willing to complete the tender process and buy shares to take its stake to the desired level, but only if the targeta[euro](tm)s shareholders reject at their meeting on 14 July the planned capital dilution, Kantor said.
Acron indicated that it is prepared to complete the tender process and acquire shares in the event of not reaching the 66% threshold of votes at the Azoty Tarnow general meeting, depending on whether the company is able to acquire "a significant minority interest".
Nevertheless, once construction of the Talitsky mine has actually commenced, we believe it will be easier for Acron to raise additional funding.
In an earlier statement, the treasury said a transaction with Acron would prevent the Polish company from realising its strategy and would reflect negatively on other local chemical groups and their suppliers, while Reuters sources suggested the government was seeking other buyers for its stake.
Low readings for net profit of Acron and Dorogobuzh have been brought about by losses on exchange differences.
For its part, Acron sees a tie-up with Azoty Tarnow to help both companies keep their positive results under volatile market conditions and increasing price for raw materials, while enabling them to grow, deputy chief Vladimir Kantor said in a comment at announcing the offer in May.
As Acron decided not to participate in the state tender for a 20% stake in Apatit and was prevented from taking over Azoty Tarnow, we believe it may try to reduce its debt load, which would support its financials in 3Q12.
Acron Group has signed its first six agreements with regional agriculture departments for mineral fertiliser supplies in 2015.
Acron is set to report its 2Q/1H12 IFRS financial results today (21 Aug) at around 11:00 Moscow time.
14 June 2012 - Russian mineral fertiliser producer Acron Group (MCX:AKRN) said on Thursday its plan to buy as much as 66% in Polish ZakA'ady Azotowe w Tarnowie-Moscicach SA (WAR:ATT), or Azoty Tarnow, was still on despite the Polish state's reluctance to sell its stake in the chemicals group.