The export of Belarusian potash fertilizers may exceed 9 million tonnes in 2014, BelTA learned from Director General of Belarusian Potash Company (BPC) Yelena Kudryavets.
“We expect that the export of potash fertilizers will exceed 9 million tonnes this year. It will be a record high for the company, roughly 1 million tonnes above our previous accomplishments,” said the BPC Director General.
BelTA reported earlier that the government has instructed OAO Belaruskali to make and sell 9 million tonnes of potassium chloride in 2014, including 1.5 million tonnes for the home market.
Asked about what countries BPC was in negotiations with, Yelena Kudryavets remarked that negotiations were in full swing. “We welcome many delegations. In the near future we plan to welcome delegations from Iran, Malaysia, and Italy,” she specified. Apart from that, in the near future Belarusian Potash Company will take part in specialized conferences, during which meetings with potential buyers will be held. “Thanks to this kind of communication with clients we have already managed to achieve the results that we have now,” stated the BPC's CEO.
Yelena Kudryavets pointed out that BPC appreciates the market of every country. “But it is very important for us that today Belaruskali's products account for over 18% of the global market while in 2012 the share was about 15%. We have managed to secure these results in the last 12 months,” she stressed.
Belarusian Potash Company (BPC) was established in April 2005 by the Belarusian industrial group Belaruskali (OAO Belaruskali as of August 2010) and the Russian public joint-stock company Uralkali. In H2 2013 Uralkali's management decided to stop selling its merchandise via the joint trading company Belarusian Potash Company and change the strategy of sales. Since August 2013 BPC has been working to independently promote Belarusian potash fertilizers onto foreign markets.
OAO Belaruskali is one of the world's largest manufacturers and exporters of potash fertilizers. According to the International Fertilizer Industry Association, Belaruskali accounts for 14% of the world's potash fertilizers production. Belaruskali exports products to over 70 countries. In Q1 2014 the main customers included Brazil (nearly 34%), China (over 18%), and Malaysia (9%). The company comprises four mine groups as well as auxiliary divisions. The state owns 100% of the shares in OAO Belaruskali.
Written by belta.by
