UWC and Acron agree on 500 hopper cars
(Posted on 15/07/21)
Research and production corporation, United Wagon Company, Russia's largest manufacturer of freight cars , and the Acron Group, one of the leading mineral fertilizer producers in Russia and worldwide, have signed a strategic cooperation memorandum set to result in a purchase and sale agreement for 500 new generation hopper cars for mineral fertilizers.
In accordance with the memorandum, innovative mineral hopper cars, Model 19-9549-03, manufactured at Tikhvin Freight Car Building Plant (TVSZ, part of the UWC Group) will be delivered to the Acron Group by the end of Q1 2022. An increased body volume of up to 120 m3 and an axle load of up to 25 t allow the car to transport cargo using its full load capacity of 76 t, which significantly reduces the cost of transporting a tonne of cargo and the fleet size required.
UWC and the Acron Group have been cooperating since 2013. The Acron Group is one of the world's largest mineral fertilizer producers. Its annual volume of cargo transported by rail is about 9 million tonnes per year and is continuously increasing due to the development of its production facilities. The purchase of another batch of Tikhvin railcars will make it possible to meet the Group's production plan as part of its development strategy by delivering cargo to Group's customers and production facilities on time.
Background:
The Acron Group is one of the leading vertically integrated mineral fertilizer producers in Russia and the world.
The Group's chemical facilities are located in Veliky Novgorod (PJSC Acron) and Smolensk Region (PJSC Dorogobuzh). The Group has its own phosphate mining business in the Murmansk region (JSC NWPC) and implements a potash project in the Perm region (JSC VPC). It also possesses its own logistics infrastructure, including three port terminals in the Baltic Sea and distribution networks in Russia and China. Acron's subsidiary, North Atlantic Potash Inc. (NAP), holds permits and production licences for 10 potash salt districts at its Prairie Evaporite deposit in Saskatchewan, Canada. Acron also holds a minority stake of 19.8% in Poland's Grupa Azoty S.A., one of Europe's largest chemical producers.
In 2020, the Group sold 7.8 million tonnes of its main products to 74 countries worldwide. The Group's main markets are Russia, Brazil, Europe and the USA.
In 2020, the Group's consolidated IFRS revenue was RUB 119,864 million (USD 1,661 million) and EBITDA amounted RUB 35,311 million (USD 489 million). Acron's shares are traded on the Moscow Exchange and its GDRs are listed on the London Stock Exchange (ticker symbol: AKRN). Acron Group employs over 11,000 people.
Latest News
Antwerp-Bruges stands firm as geopolitical forces reshape trade flows
(Posted on 16/07/26)In the first half of 2026, Port of Antwerp-Bruges handled 133.9 million tonnes of maritime cargo, a... Read more
PD Ports announce Paul Foreman as new CEO
(Posted on 16/07/26)PD Ports, one of the UK’s major port and logistics businesses, announced today that Paul Foreman... Read more
New San Diego bulk sugar import facility to use only electric trucks
(Posted on 03/07/26)The Port of San Diego Board of Port Commissioners has approved an Option to Lease Agreement and authorised... Read more
Expanded partnership through bulk infrastructure development at Khalifa Port
(Posted on 30/06/26)AD Ports Group, an Abu Dhabi based, leading global enabler of integrated trade, industry and logistics... Read more
Port of Hamburg strengthens partnership with China
(Posted on 29/06/26)The Hamburg Port Authority (HPA) and SPG Qingdao Port Group have signed a Port Partnership Agreement... Read more
Contract awarded for Pilbara Ports Zone 5 Bypass Channel
(Posted on 29/06/26)The Cook Labor Government in Australia has welcomed the award of a dredging contract to Jan De Nul ... Read more
Netherlands Parliamentary rules out Maasvlakte II as location for new nuclear power plants
(Posted on 29/06/26)A parliamentary letter in the Netherlands on the selection of a site for the construction of two new... Read more
SSAB’s port operations in Raahe develop safety together with ESL Shipping
(Posted on 25/06/26)The long-term safety cooperation between ESL Shipping and the port of SSAB’s Raahe site is visible... Read more
Liverpool sees 200% rise in fertiliser imports interest amid ongoing uncertainty
(Posted on 22/06/26)The Port of Liverpool is experiencing a surge in demand from fertiliser importers as continued uncertainty... Read more
PD Ports strengthens Teesport bulk handling with £5.4m crane investment
(Posted on 18/06/26)PD Ports has further strengthened its bulk handling capability at Teesport with the arrival of... Read more
