OREANDA-NEWS. April 18, 2011. Uralkali announces that Ukrainian competition authorities have unconditionally approved the proposed statutory merger of Uralkali and Silvinit (the “Proposed Merger”).

The Proposed Merger, which will create one of the world’s leading potash companies, previously received approvals of Brazilian competition authorities and the Russian Federal Antimonopoly Service and is expected to be completed till the end of the second quarter of 2011.

Uralkali is a vertically integrated company with control over the whole production chain, from potash ore mining, through MOP supply to ultimate consumers. Founded in 1930, Uralkali was privatized in 1992. Leading global producer of potash fertilizer with a market share of about 9%. Key markets: Brazil, India, China, Southeast Asia, Russia, US, EU.