In March 2014 the Belarusian company Belaruskali shipped a record high amount of fertilizers, BelTA quotes Andrei Rybak, Belaruskali’s Deputy Director General for Commerce and Logistics. The company operates at its full capacity. All the resources are used to satisfy the growing demand, explained the executive.
In Q1 2014 the company’s proceeds from sales rose by 5.8% from Q1 2013 and by 62% from Q4 2013. Importantly, Belaruskali honored all the financial commitments, primarily those in loans from Capital Bank (Azerbaijan) and Sberbank (Russia) in early 2014 and in 2013.
Belaruskali is one of the world’s largest manufacturers and exporters of potash fertilizers. It accounts for 14% of the world’s potash fertilizers production. Belaruskali exports merchandise to over 70 countries.