Russian fertilizer producer Acron is interested in buying some of the Polish state's stakes in local chemical companies, local daily Puls Biznesu reported Wednesday. (Reuters) German potash miner K+S agreed to sell its nitrogen fertilizer distribution business...

... formerly known as TGK-4, said Thursday that its 2011 net income declined 64 percent to 900 million rubles ($28.38 million), while revenues rose 13 percent to 40.2 billion rubles, and EBITDA increased 13 percent to 4.4 billion rubles. (Reuters) An offer by fertilizer maker Acron to buy up to 66 percent in Polish chemicals company Azoty Tarnow at 36 zlotys ($10) per share is too low, Poland's Treasury Minister Mikolaj Budzanowski told TVN CNBC broadcaster. (Reuters)

... paid a year earlier. Total payout for 2011 would amount to 8.35 billion rubles, with the record date of May 11, Acron added. Acron saw a net profit of 20.3 billion rubles last year, up from 6.3 billion rubles in 2010 on the heels of strong demand for fertilizers. (Reuters)

... former directors at Moscow brokerage Otkritie, on Tuesday announced a price range of $11 to $13 per share for its initial public offering of new stock. It was not clear how many shares the company plans to sell. The IPO would be Russia's biggest since fertilizer group Phosagro raised $538 million in London just before equity markets slumped last July. Based on the IPO price range, the company would be valued at $977 million to $1.08 billion. The offering may increase $60 million if an overallotment...

... conditions across the country, he said. Fyodorov will also seek a "new industrialization" of agriculture by assisting farmers to buy energy-efficient equipment and new technologies, he said. As another goal, he wants to increase the use of mineral fertilizers to industry standards, something farmers can ill afford now. Fyodorov said, without elaborating, that he would push for measures to reduce prices. Fyodorov replaced Yelena Skrynnik, and the change showed in the reception area of the minister's...

... similar conditions across the country, he said. Fyodorov will also seek a Ínew industrializationÎ of agriculture by assisting farmers to buy energy-efficient equipment and new technologies, he said. As another goal, he wants to increase the use of mineral fertilizers to industry standards, something farmers can ill afford now. Fyodorov said, without elaborating, that he would push for measures to reduce prices. Fyodorov replaced Yelena Skrynnik, and the change showed in the reception area of the minister's...

... able to create trouble for Yanukovych by just lying in prison. Kharkiv, the city where she is being held, will stage three matches in the Euro qualifying stages. With the city flooded with foreign journalists, the Yanukovych leadership is aware of the fertile PR ground that Tymoshenko will be able to exploit without even stirring from her prison bed. 179738