19 July 2011 14:11 [Source: ICIS news]
MOSCOW (ICIS)--Uralkali has increased its potash output following the acquisition of mineral fertilizer producer Silvinit, the Russian company said on Tuesday.
Its potash output for the second quarter of 2011 was 1.9m tonnes – up 58% year on year, the company added. In the first half of 2011 Uralkali produced 3.1m tonnes of potash, the company said without releasing comparative data.
Uralkali said its potash production was up in the second quarter because it included the former Silvinit’s quota after 17 May. In 2012, Uralkali plans to produce 13m tonnes of potash.
In December 2010, Uralkali and Silvinit shareholders decided to merge the potash producers. The transaction was finalised in May 2011.
Uralkali produced 5.1m tonnes of potash in 2010, up from 2.62m tonnes in 2009. Last year, Silvinit's potash production amounted to 5.2m tonnes, up from 3.5m tonnes in 2009.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections