Silvinit
Silvinit is a Russian company involved in the production of mineral fertilizes. The company delivers its products to all regions of Russia and to over more than 50 countries worldwide, including Brazil, China, India, United States, Southeast Asia and Latin America, among others. It manages its activities through two branches, one in Belarus and one in Germany. Silvinit operates through eight affiliated companies and eight subsidiaries.
Native name | ОАО Сильвинит |
|---|---|
| Type | Public |
| Industry | Mineral Fertilizers |
| Headquarters | Solikamsk, Russia |
Key people | Yury Grigorevich Syrtsev, (Chairman) Rostyam Khazievich Sabirov, (CEO) |
| Products | Potassium chloride, Potassium, Salt |
| Revenue |  US$ 1.7 Billion (2008) |
Number of employees | 11,245 |
| Website | www.silvinit.ru |
Salt dump in Solikamsk
In December 2010, Uralkali announced plans to buy Silvinit for $7.8 billion in cash and shares.[1] The merger was approved in February 2011 and finalized in July that same year.[2] Together they form one of the world's largest potash producers.[3]
References
- "Uralkali Agrees on $7.8 Billion Takeover of Silvinit". Bloomberg. 20 December 2010.
- Popova, Nadia (2011-02-07). "Uralkali, Silvinit $1.4 Billion Merger Approved". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-09-27.
- "Mining Journal - Russian merger to create US$24bn potash producer". Archived from the original on 2011-01-10. Retrieved 2010-12-21.
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