Belaruskali Divorces from Belneftekhim
OREANDA-NEWS. OAO Belaruskali has been excluded from Belarus' state-owned petrochemical industries concern Belneftekhim, following the government's resolution #177 of February 28.
The resolution says that Economy Minister Nikolai Snopkov, Chairman of the State Property Committee Georgy Kuznetsov, Deputy Finance Minister Maksim Yermolovich and Deputy Foreign Minister Alexander Guryanov shall act as representatives of the state in OAO Belaruskali's management bodies.
The state-owned Belarusian company OAO Belaruskali is one of the world's largest manufacturers of potash fertilizers, employing about 18,440 personnel. It operates the Starobinskoye potash salts deposit and comprises four mine groups, auxiliary shops and support units.
Belaruskali controls more than 16% of the world's potash fertilizer market. Belaruskali facilitates potash exports through OAO Belarusian Potash Company.
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