Belarus Potash Co cuts Q4 exports 700,000 tonnes

27 November 2008 12:07  [Source: ICIS news]

MOSCOW (ICIS news)--Belarussian Potash Co (BPC) cut its potash exports by 700,000 tonnes in the fourth quarter, the company said in a statement released on a Thursday.

"The [economic] crisis affected us and our clients," BPC spokesman Vladimir Tafrov said in the statement.

BPC is co-owned by the state-owned Belaruskali and Russian potash producer Uralkali.

Belaruskali is controlled by the Belarus state-owned petchem and fertilizer holding company Belneftekhim.

Belaruskali aimed to raise its domestic potash supplies by 400,000 tonnes in the fourth quarter, Tafrov said in the statement.

Belaruskali expected its annual potash output to reach 8.3m tonnes this year, and Uralkali planned to produce 4.9m tonnes of potash in 2008, according to the BPC statement.

Last month, Uralkali cut its fourth-quarter potash production by 500,000 tonnes.

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By: Sergei Blagov
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