Uralkali ex-CEO to Head Russian Potash Champion

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.

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