Russian-based EuroChem has announced it will make its entry into the potash market more gradually than originally planned by producing less potash than first forecasted and postponing the opening of its second plant. The Russia-controlled firm opened its first potash facility in March and initially predicted it would produce between 500,000 and 600,000 metric tonnes (mt) of potash at its Usolskiy plant in the Ural mountains this year, but has downgraded that forecast to about 300,000 mt. A second plant, VolgaKaliy, is expected to open in the first half of 2019. Development of the Louisiana plant is still on hold
Swiss-based EuroChem has announced it will make its entry into the potash market more gradually than originally planned by producing less potash than first forecasted and postponing the opening of its second plant. The Russia-controlled firm opened its first potash facility in March and initially predicted it would produce between 500,000 and 600,000 metric tonnes (mt) of potash at its Usolskiy plant in the Ural mountains this year, but has downgraded that forecast to about 300,000 mt. A second plant, VolgaKaliy, is expected to open in the first half of 2019. Development of the Louisiana plant is still on hold