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Reuters reports that Russian potash miner Uralkali has appointed former CEO Vladislav Baumgertner to head the newly merged Uralkali-Silvinit, which will be the world’s second largest producer of the fertilizer ingredient.
Reuters reports that Russian potash miner Uralkali has appointed former CEO Vladislav Baumgertner to head the newly merged Uralkali-Silvinit, which will be the world’s second largest producer of the fertilizer ingredient.
The market news is quoted as saying:
Uralkali and fellow potash miner Silvinit agreed earlier this month to join forces to create a national Russian champion that will come close to challenging world’s biggest producer Potash Corp (POT.TO: Quote), of Canada.