Achema EN
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Achema is the largest fertilizer producer in the Baltic states. It is located in the city of Jonava in central Lithuania. In 2011 Achema employed about 1700 workers and reached 2.2 billion Litas revenues (about 640 million Euros), net profit was 96.3 million Litas (27.9 million Euros). The current managing director is Arūnas Laurinaitis.
Lithuania's fertilizer manufacturer Achema, the country's single largest natural gas consumer, is looking to sign a long-term gas supply contract that would provide more stability and make it easier to plan operations, according to the company's CEO.
New gas tanker with Statoil natural gas reached the Klaipėda LNG terminal yesterday on Independence day, marking a new phase in Lithuania’s move away from dependence on Russian gas supplies.
A new shipment of Statoil’s liquefied natural gas (LNG) will be delivered to the Lithuanian LNG facility in Klaipėda this week.
Lithuania will import more gas from Norway than from Russia in 2016 for the first time after closing a number of supply deals with Statoil facilitated by its liquefied natural gas (LNG) infrastructure, Lithuania's energy minister said on Monday.
Russia's gas behemoth Gazprom will have to be more flexible in order to sell gas in Lithuania, Energy Minister Rokas Masiulis said on Tuesday, commenting on a liquefied natural gas (LNG) purchase deal reached between Achema, the country's largest gas consumer, and Norway's Statoil.
Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway's Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda.
Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas trading company Litgas and Norway's Statoil which will cut the wholesale liquefied natural gas price by more than a third and reduce the maintenance costs of the LNG terminal by 23%.
Litgas, the gas trading arm of the state-owned energy group Lietuvos Energija, will sign a renewed liquefied natural gas (LNG) supply contract with Norway's Statoil on Monday.
Achema, the Lithuanian fertilizer and industrial chemicals producer, has paid €31.34 million in gas taxes that it had previously contested. The company says it will continue the legal battle with the state over the issue.
Lithuanian Prime Minister Algirdas Butkevičius says that he has received personal reassurance from Lyda Lubienė, the main shareholder of the fertilizer manufacturer Achema, that she is not going to sell her shares in the concern which has been eyed by Russian investors.
The Kremlin could exert influence on Lithuania and try to destabilize the country if Russia’s chemical concern EuroChem Group were to acquire Achemos Grupė (Achema Group), one of Lithuania’s largest concerns, that owns a large fertilizer plant in Jonava and the largest stevedoring company in the por...
After talks emerged about the Russian chemical company EuroChem Group entertaining plans to invest in Lithuania's Achema Group, Lithuanian President Dalia Grybauskaitė said that any investor would have to go through scrutiny and meet strict national security criteria. Achema Group is the owner of fe...
The situation in Lithuania has radically changed with the launch the Klaipėda liquefied natural gas (LNG) terminal and negotiations with Russia's gas giant Gazprom on a new gas supply contract are no longer as important for the country as they were in the past, Energy Minister Rokas Masiulis says.
One worker was hurt in a nitric acid spill at Achema on Monday. The worker, who got splashes of acid on his clothing, was taken to hospital, CEO of the Lithuanian fertilizer plant said adding that the acid spill had been cleaned up and the incident had not affected the facility’s operations.
The richest person in Lithuania is Nerijus Numavičius, the largest shareholder of the Vilniaus Prekyba Group; even after the euro introduction he will remain a billionaire. In the list of top 20 richest people in Lithuania, compiled by IQ Top magazine, Numavičius with LT 4.255 billion (EUR 1.23 bill...
The Lithuanian Government will aim at negotiating a more favourable natural gas price for Achema: a negotiating group will include the issue of Achema in negotiations with Gazprom over the price for natural gas imported from 2016, says Prime Minister Algirdas Butkevičius.