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Uralkaliy OAO Might Increase Potash Production 4.2% in 2013-Interfax


Friday, 24 May 2013 03:30am EDT 

Interfax reported that Russian potash producer Uralkaliy OAO plans to boost production by 4.2% to 9.5 million tons in 2013, the Company's CEO Mr. Vladislav Baumgertner told Interfax. Uralkaliy OAO cut potash output by 16% to 9.12 million tons in 2012, including OJSC Silvinit's production for the entire year. Earlier, Uralkaliy OAO forecast 2013 potash production at 9.5-9.7 million tons. At the end of 2012, it did not rule out producing 11 million tons if the global potash market were to improve. Uralkaliy OAO is responsible for approximately 20% of global potash production. 

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