MOSCOW, Jan 16 (Reuters) - Russian fertiliser producer Uralchem said on Wednesday it was in talks to take part in the privatisation of Zimbabwe’s Chemplex that produces phosphorus fertilisers. Uralchem will not agree to less than a 50 percent stake, Uralchem owner Dmitry Mazepin said in Moscow. “Well of course I don’t think we’ll agree to less than 50/50...we will not be simple minority shareholders there,” he said. (Reporting by Polina Ivanova; Writing by Tom Balmforth; Editing by Maria Kiselyova)
Zimbabwe's Uralchem is in talks with Russia phosphorus fertiliser producer Chemplex about taking a majority stake in the company and privatising it. The owner of the Zimbabwen fertiliser producer, Dmitry Mazepin, said the company would not consider anything short of a 50% stake in Chemplex.