RUSSIA: URALKALI SIGNS US$1.2 BILLION 5-YEAR PRE-EXPORT FACILITY

Uralkali (the Company; MICEX: URKA), one of the world’s largest potash producers, has signed a loan agreement in the amount of US$1.2 billion with 16 international banks. ING Bank N.V., Natixis and AO UniCredit Bank acted as Global Coordinators. Coordinating Mandated Lead Arrangers and Bookrunners of the pre-export finance facility were ING Bank N.V., Natixis,…

RUSSIA: BASF’S CONSTRUCTION CHEMICALS DIVISION EXPANDS PRODUCTION

BASF’s Construction Chemicals division started with the production of waterproofing solutions from the MasterSeal(r) solutions range at its plant located in Bolshoe Tolbino, Podolsk District. BASF thus extends its portfolio of Master Builders Solutions(r) in Russia and enhances the supply network for regional markets and customers. “We recognize the need for quicker service and delivery…


UKRAINE: EBRD MULLING FINANCING FOUR OR FIVE UKRAINIAN PHARMACEUTICAL COMPANIES

The European Bank for Reconstruction and Development (EBRD) is mulling the possibility of providing funds to four or five Ukrainian pharmaceutical companies, Senior Banker at EBRD Iryna Marchenko has said. “The bank would like to finance more the pharmaceutical sector. We are working with four or five companies now, studying them to provide with funds,”…

WORLD: BASF LAUNCHES NEW MASTERTOP FLOORING AND CLEANING PRODUCTS

BASF has added a transparent, water-based polyurethane topcoat for decorative flooring solutions with enhanced hygienic and optical properties. This complements the BASF product portfolio of chemical solutions for construction, which is bundled under the Master Builders Solutions(r) brand. The main advantages of the new product are antibacterial activity in accordance with ISO 22196:2011 and lower…

RUSSIA: GLYCOL PURIFICATION UNIT IS PUT INTO OPERATION

A purification unit was put ®n stream with the purpose to withdraw aldehydes from the highest grade of Ethylene Glycol. This event took place in the MEG-1 Facility of the Ethylene Oxide Plant at PJSC Nizhnekamskneftekhim. Pilot-scale tests have shown that the quality of Ethylene Glycol meets requirements of synthetic fibers and polyethylene terephthalate manufacturers.…

RUSSUA: URALKALI ANNOUNCES 1Q 2016 PRODUCTION RESULTS

Uralkali (the Company; MICEX: URKA), one of the world’s largest potash producers, announces its production results for January-March 2016. Uralkali produced 2.6 million tonnes of potassium chloride (KCI) in 1Q 2016. Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated…