Acron and Sberbank strengthen partnership within Talitsky potash project
Save to read list
David Rowlands Editor
Wednesday, 04 July 2018 10:30
Acron Group has announced that – while the construction ramps up and shaft sinking commences at the Talitsky project – it continues to structure the financing of the project.
According to the statement, Sberbank Investments LLC, as VPC equity financing investor, has taken the decision to extend its participation in the group’s potash project for a further four years.
Meanwhile, the group has paid the partner accrued investment income by exercising a put option on 19.9% shares of VPC with a simultaneous sale of the same stake back to Sberbank Investments LLC.
Read the article online at: https://www.worldfertilizer.com/potash/04072018/acron-and-sberbank-strengthen-partnership-within-talitsky-potash-project/
You might also like
In this webinar Stamicarbon talks about how you can bring your urea plant into the 21st century through digital technology with the purpose to improve production efficiency.
Register for free today »
Friday 18 October 2019 09:00
The symposium in Sochi this week covered topics such as new developments in sulfuric acid catalysts, plant capacity increase and expansion, project execution and process design, troubleshooting and issue investigation, emissions control, lifecycle cost reduction and specific technology solutions.