Support The Moscow Times!

PhosAgro Wants Merger

PhosAgro, the second-largest producer of phosphate-based fertilizers, wrote to the government saying it is interested in merging with potash maker Silvinit, Interfax reported, citing unidentified people in the industry.

PhosAgro is seeking to block any merger between Silvinit and Uralkali, Russia’s two sole producers of potash, which PhosAgro uses as a fertilizer component, Interfax said. 

(Bloomberg)


Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.