OREANDA-NEWS. December 27, 2012. Belarus-based OJSC Belaruskali, which is the world’s largest producer of potash fertilizer, plans to purchase a 10% share in the statutory capital of OJSC Belgorkhimprom, a representative of Belarusian Potash Company told.

Belaruskali has made a public offer to purchase 31,004 shares of Belgorkhimprom, which totals around 10% of the company’s statutory capital. The potash producer shall pay for the entire parcel of shares a total of USD 95,000. The offer is valid till April 10, 2013.

At the moment, those shares are owned by individuals, who are present-day and former employees of OJSC Belgorkhimprom.

OJSC Belgorkhimprom is affiliated with Belarus’ petrochemical industries concern (Belneftekhim), which owns a 40.28% stake in the company.

The transaction reflects on Belarus’ contract with Turkmenistan to build a mining and processing complex.