Moscow—Uralchem and Uralkali are looking to develop a distribution network, according to a Bloomberg report, citing Uralchem owner and Uralkali shareholder Dmitry Mazepin, who attended the Sberbank CIB Metals and Mining Conference in Moscow this past week. According to the news provider, Mazepin said the network will help make profits sustainable amid volatile fertilizer prices. No further details were available, and it was unclear whether the distribution network will be a domestic or an export-oriented scheme. Spokespeople for both companies declined to provide further comment.
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