www.4-traders.com/URALKALIY-OAO-6497710/...t-Venture-17588291/
Uralkaliy OAO : Uralkali, Malaysia's Felda Sign Potash Distribution Joint Venture
12/09/2013 | 03:29am US/Eastern
By Olga Razumovskaya
MOSCOW--Russian potash miner OAO Uralkali (>> Uralkaliy OAO) has signed a potash distribution joint venture with the Federal Land Development Authority of Malaysia, Uralkali said Monday.
The joint venture, which will start operating from Jan. 1, will focus on securing potash deliveries to the plantations of Felda and other government plantations in Malaysia and other countries, the company said.
"This joint venture is another step to further improve our sales net in South East Asia, which is a strategically important region for Uralkali. It will also strengthen our relations with state customers in this region," Uralkali's acting chief executive, Viktor Belyakov, said in a news release.