Moscow-Speculation continues to grow that there will be a major merger within Russia’s fertilizer industry, particularly potash. Anatoly Skurov, owner of coal producer Sibuglement, has reportedly acquired 20 percent of potash producer Silvinit, according to The Moscow Times, and State Duma Deputy Zelimkhan Mustsoyev has acquired 22 percent. Also last week, Silvinit appointed former Uralkali head Vladislav Baumgertner as interim CEO. Analysts saw this move as further evidence that a Uralkali/Silvinit merger is afoot. A group led by billionaire Suleiman Kerimov bought 53 percent of potash producer Uralkali in June.
Transparency Across the Fertilizer Value-Chain