# Eurochem produces first potash at new $2 bln Russian plant

> Eurochem has produced its first potash at its $2 billion Usolskiy plant in Russia, with ready-for-sale output planned in the second quarter and 450,000 tonnes targeted by year-end. A second project, VolgaKaliy, is due to launch this summer.

- Date: 2018-03-13 · published 2018-03-13T12:00:00.000Z
- Category: market · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/66327-eurochem-produces-first-potash-at-new-2-bln-russian-plant
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

New Russian capacity adds potash supply and competition to a market traditionally dominated by Uralkali and Belaruskali, which is bearish for potash prices over time.

## Read by commodity

- POTASH: bearish ▼

## Sources

- mining.com: https://www.mining.com/web/eurochem-produces-first-potash-new-2-bln-russian-plant/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.