Neochim JSC - Dimitrovgrad has appointed Annual general meeting on 28.06.2002. Meeting agenda includes: adoption of the Annual Report for Year 2001.
Source: Registry Agency (19.04.2011)

The General Meeting of the shareholders of Neochim JSC - Dimitrovgrad, Bourse code 3NB, which was held on June 17, 2011, adopted the annual report for 2010. The company reported a loss to the amount of BGN 9 780 484,28.
Source: Capital market (23.06.2011)

Ministry of Environment and Water has approved a new project of Neochim JSC under the mechanism “joint implementation” of the Kyoto Protocol. The project is to reduce nitrous oxide emissions from nitric acid production of the fertilizer plant in Dimitrovgrad. Neochim will install catalyst to capture nitrous oxide emissions that are released into the atmosphere in the production of acid. According to the company, the project is going to cost BGN 2.2 million. The new installation is envisaged to reduce emissions by 80-90%. Sale of allowances generated by emission reductions will help Neochim to recover some costs of the project.
Source: Dnevnik (07.09.2011)

“Neochim” will reduce their greenhouse gas emissions by 80-90% The Ministry of Environment and Water has approved a new project under the mechanism "Joint Implementation" of the Kyoto Protocol for "Neochim" AD, Ministry said. The project is to reduce emissions of nitrous oxide in result of nitric acid production in the fertilizers plant. “Neochim” will install catalyst to capture emissions of nitrous oxide. The facility is worth 2.2 million BGN and is expected to reduce emissions by 80-90%. or by more than 100,000 tonnes of carbon dioxide equivalent for the period September 2011-December 2012. The sale of emissions will give "Neochim" AD an opportunity to recover part of the project costs. The project implementation will lead to further environmental and social benefits such as protection of environment and human health and improving of living conditions near the town of Dimitrovgrad.
Source: 3e-news (09.09.2011)

Bulgarian fertiliser producer Neochim-Dimitrovgrad has booked profits of 20.58 million leva for the January-September period of 2011, reversing losses of eight million leva in the corresponding 2010 stretch, company accounts show. For the nine months under report, Neochim more than doubled its sales, collecting 220.77 million leva against 100 million leva previously. Growth was primarily driven by increased product sales, which accounted for nearly all of group revenues. At the same time, expenses almost doubled to exceed 200 million leva but the rate of increase still lagged that of revenues. Higher raw material costs made up most of the expenditure. The company also spent more on employee pay, with the salary pool growing by 39 per cent. The financial report showed that Neochim expanded its workforce by 100 between January and September 2011. Long-term bank debt has grown by 20 per cent to three million leva, while obligations maturing in 12 months have fallen by 40 per cent to less than five million leva.
Source: Dnevnik (27.10.2011)

One of the largest Bulgarian fertilizer factories Neochim Plc has restarted production after being shut down for repairs for two months. Neochim , the successor of the chemical plant in the southern town of Dimitrovgrad founded in 1951, has been fully revamped, its operational director Pavel Pavlov announced Friday. Neochim's facilities will now be able to produce 2 100 metric tons of ammonium nitrate, and 970 metric tons of ammonia in 24 hours, Pavlov explained, stressing the modernizations of the production process that have been introduced. For the first time since it was opened in 1987 the nitric acid facility of the Neochim plant will be powered with hydrogen instead of the nitrogen and hydrogen mix previously used, he added.
Source: money.bg (21.11.2011)