OREANDA-NEWS. OAO Belarusian Potash Company - Belarus' newly established potash trade - has been officially registered and is already selling Belaruskali products to overseas customers, Belaruskali CEO Anatoli Makhlai told.

OAO Belarusian Potash Company was created in conformity with ordinance #399 signed by Belarus' President Alexander Lukashenko on September 5, 2013. Empowered to coordinate Belarus' export of potash fertilizers, the new company was granted the exclusive right to export mineral or chemical fertilizers.

Before the breakup with Uralkali, Belaruskali had been trading potash via the Belarusian Potash Company - a potash trader established on a parity basis by Belaruskali and Uralkali. In July 2013 Uralkali announced a divorce from the Belarusian Potash Company and the launch of a new sales strategy with focus on volume. The conflict with Belaruskali landed Uralkali CEO Vladislav Baumgertner in jail in August.

According to Makhlai, Belaruskali now fully relies on OAO Belarusian Potash Company to ship potash fertilizer to overseas customers.