IHS Chemical Week

People & Business :: Companies

Reports: Uralchem owner to acquire stake in Uralkali

2:56 PM MST | November 12, 2013 | Lindsay Frost

A recent Reuters report says that Dmitry Mazepin, owner of Russian fertilizer producer Uralchem (Moscow) is interested in taking a stake in Uralkali. Since Uralkali left potash cartel Belarusain Potash Company (BPC; Belarus) in July, talks that Suleiman Kerimov—21.75% stake owner—may sell his stake have occurred. Kerimov, with his partners, owns a third of the business. Mazepin could team up with Russian tycoon Mikhail Prokhorov in a possible deal, reports say. According to Reuters, Russian lender Sberbank is expected to finance the deal if it is...

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