ПАО «Уралкалий» (URKA)
“Uralkali” – a Russian company, the world\’s largest producer of potash.
Production facilities are located in the towns of Berezniki and Solikamsk, Perm Krai, the headquarters – in Berezniki.
In October 2006, the company attempted to conduct public offering of 20.84% of the shares on the RTS and the London Stock Exchange. However, due to the low demand of investors, the then owner of the company Dmitry Rybolovlev, who intended to sell their shares during the placement, refused the deal.
A year later, in October 2007, a public offering of shares yet been carried out. In the course of it was sold to 270 850 000 shares (12.75% of the total), amounting to 947.97 million US dollars. Of these, about 85% of steel traded on the London Stock Exchange in the form of GDR, and the rest – on the RTS. The company\’s capitalization on the results of the placement amounted to $ 7.4 billion Banks organizers Public Offering:. Citibank, «Renaissance Capital” and UBS Investment Bank. Following the placement of the order book was oversubscribed 23 times and shares at the end of the closing of the first day up 25%
“Uralkali” is developing one of the world\’s largest Verkhnekamskoye potassium and magnesium salts. The reserves of sylvinite (a raw material for the production of potassium chloride), belonging to “Uralkali”, account for 22% of the world in relative terms. In absolute terms, stocks occurring salts are about 8.2 billion tonnes, which at current production levels, the company can provide the raw material for 200 years.
Much of the natural processed into potash crude product – potassium chloride, which is used as fertilizers applied to the soil either directly or as part of the complex, complex, fertilizers. In addition, potassium chloride is used in other industries: chemical, petrochemical, food, pharmaceutical.