URALCHEM beneficially owned by Dmitry Mazepin has acquired 35.1% of the voting shares in PJSC Uralkali from Rinsoco Trading Co. Limited beneficially owned by Dmitry Lobyak, Uralkali informed.
Given Uralkali's refusal to pay dividends on preferred shares for 2019, URALCHEM additionally received 0.0857% of the Uralkali's voting shares by converting preferred shares into ordinary shares. The total number of votes possessed by URALCHEM has increased to 81.4748%.
PJSC Uralkali (tax number: 5911029807) is a leading global potassium producer and exporter. The company's production facilities include 5 mines and 7 concentration plants in Berezniki and Solikamsk (Perm krai). The company's main production division employs more than 12,000 people. PJSC Uralkali was established by merging the assets of OJSC Uralkali and OJSC Silvinit, a deal finalized on June 16, 2011.
IFRS net profit of Uralkali for 2019 was $1.207 billion versus a loss of $97 million a year earlier. Revenue rose 1% to $2.782 billion, EBITDA went up 8% to $1.578 billion.
Uralchem, JSC (tax number: 7703647595) is one of the biggest players in the market of nitrogen and phosphoric fertilizers in the Russian Federation and the CIS, with annual production capacities of more than 3 million tpa of ammonia, 3 million tpa of ammonium nitrate and its derivatives, 1.2 million tpa of urea, 1 million tpa of phosphorous and compound fertilizers.
The company ranks first in Russia in the production of ammonium nitrate, second in the output of ammonia. Uralchem's production capacities include the Azot branch (Berezniki, Perm Krai); J.S.Co. Minudobrenia (Perm); the KCKK Mineral Fertilizer Plant branch (Kirov region); JSC Voskresensk Mineral Fertilizers (Voskresensk, Moscow region).
