Trans-border deals to create giant potash producers run aground on the rocks of politics – but when both players are Russian, the politics have a way of being squared. Hence a new Russian rival to PotashCorp of Saskatchewan is on the rise, through the projected takeover of Silvinit by UralKali, both London-listed companies that mine the world’s second largest source of potassium and magnesium salts. Strategically, the new entity, with a market value of $23.9bn, makes sense for the reasons canvassed when BHP Billiton tried to buy Potash – chemical fertilisers are a superb secular growth story, and the scarcity of raw materials creates a high barrier to entry.
缔造钾肥巨擘的跨境交易曾因为政治而搁浅，但如果双方都是俄罗斯企业的话，政治上有办法解决。因此，乌拉尔钾肥(UralKali)按计划收购Silvinit后——这两家公司都在伦敦上市，将缔造一家新的可与加拿大钾肥(PotashCorp)抗衡的俄罗斯竞争对手。俄罗斯是manbetx app苹果 第二大钾肥和镁盐来源。从战略上讲，市值达到239亿美元的合并后新企业是说得通的，其理由正是必和必拓(BHP Billiton)在试图收购加拿大钾肥时所提出的：化肥是一个极好的长期增长行业，原材料的稀缺制造了一个很高的进入门槛。