OREANDA-NEWS. September 21, 2011. OJSC Belaruskali plans to commission an NPK-fertilizer plant by December 12, a source in the administration of the company told reporters. NPK is combination of different concentrations of nitrogen, phosphor and potassium, Belaruskali officials explained.

The new facility to produce 240,000 tonnes of granulated NPK fertilizer a year will cater both for domestic and foreign markets.

The new facility will claim Br 108.7 billion in investments (USD 20 million at the NBB exchange rate).

Belaruskali commissioned a NPK dry blending facility in February 2011 to produce 100,000 tonnes a year.

OJSC Belaruskali produced 8.6 million tonnes of potash fertilizer in 2010, of which 6.8 million tonnes was exported.

The state-owned Belarusian company OJSC Belaruskali is one of the world’s largest manufacturers of potash fertilizers, employing about 20,000 personnel. It operates the Starobinskoye potash salts deposit and comprises four mine groups, auxiliary shops and support units.

Belaruskali controls 16% of the world’s potash fertilizer market.