AcronRUS: AKRN

Acron commercial output up 12% in H1 2025

· Issued by Acron
The Group's consolidated output (including operating results for Acron, Dorogobuzh and North-Western Phosphorous Company)
GROSS OUTPUT
Product, '000 t H1 2025 H1 2024 YOY, %
Ammonia 1,581 1,426 10.9
AN solution* 1,595 1,314 21.3
Urea solution** 1,069 1,051 1.7
NPK 1,228 1,143 7.4
Apatite concentrate 721 643 12.2
COMMERCIAL OUTPUT*** MINERAL FERTILISERS
Product, '000 t H1 2025 H1 2024YOY, %
Ammonia**** 6 0 -
Nitrogen fertilisers,including 2,404 2,181 10.2
AN 934 935 -0.1
Urea, incl. 670 769 -12.9
Prilled urea 88 148 -40.6
Granulated urea 582 621 -6.3
UAN 743 425 74.8
Calcium nitrate 57 52 9.4
Complex fertilisers,including 1,262 1,184 6.6
NPK 1,216 1,129 7.8
Bulk blends 46 55 -16.9
Total commercial output for Mineral Fertilisers 3,672 3,364 9.2
INDUSTRIAL PRODUCTS
Product, '000 t H1 2025 H1 2024YOY, %
Organic compounds,including 113 106 6.1
Methanol 6
4 60.6
Formalin 13
11 21.2
Urea-formaldehyde resins 94
92 2.0
Non-organic compounds,including: 630 492 28.1
Low-density and technical-grade AN 276
137 101.2
Industrial urea 87 84 4.2
Industrial calcium nitrate 9 13 -34.6
Calcium carbonate 226 227 -0.4
Liquid carbon dioxide 29 28 3.3
Argon 3 3 11.7
Total commercial output for Industrial Products 743
598 24.2
RAW PHOSPHATES
Product, '000 t H1 2025 H1 2024YOY, %
Apatite concentrate 200 172 16.0
TOTAL COMMERCIAL OUTPUT 4,615 4,136 11.6

Note:

* In terms of 100% AN, including AN solution from other production facilities

** In terms of 100% urea

*** Commercial output is output less in-house consumption.

**** When in-house consumption of ammonia exceeds its production, the commercial output of ammonia is equal to zero

Alexander Popov, Chairman of Acron's Board of Directors, commented on the results:

'This year, the Group is posting a record-high output. Upgrades to the Ammonia-3 unit in Veliky Novgorod have enabled us to produce an extra 500 tonnes of this product per day, which translates into a higher output of ammonia-based mineral fertilisers and industrial products.

Mineral fertiliser production was up 9% to reach a new high of 3.7 million tonnes, driven by increased production of UAN and NPK amid strong seasonal demand. Industrial product output grew 24% to 743,000 tonnes, mainly due to higher production of industrial AN.

The Oleniy Ruchey mine also achieved a record output of apatite concentrate thanks to the efficient operation of its open-pit and underground mines, producing 367,000 tonnes in Q2 2025. The Group uses the increased output to ramp-up its in-house consumption of apatite concentrate for NPK production and to boost shipments to third-party customers.

As a result, Acron Group's commercial output in H1 2025 was 4.6 million tonnes, up 12% year-on-year'.