MET group eyes major acquisition of Achema Group to enhance energy and chemical operations
Swiss-based energy giant seeks to bolster market presence with strategic stake in leading Baltic producer.
Achema Lithuania
Achema is a leading producer of nitrogen fertilizers and chemical products in Lithuania and the Baltic states. The first construction works of the factory date back to 1962, however officially the company was founded on February 9, 1965, after the first tonnes of synthetic ammonia were produced in a newly launched ammonia unit. Achema is mainly engaged in nitrogen fertilizer, fertilizer blends, liquid fertilizer, ammonia, nitric acid, formalin, urea-formaldehyde – melamine resin, industrial gas, and aluminum sulfate solution production. Key figure: Ramunas Milyauskas
Founded: 1962 | Number of employees: 1336
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Swiss-based energy giant seeks to bolster market presence with strategic stake in leading Baltic producer.
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