Uralkali (Berezniki, Perm Territory) announces its production results for December 2008 and the 12 months of 2008.  In 2008 Uralkali reduced its annual output of potassium chloride. The cut in production was a result of the current adverse situation in the world market for potash fertilizers, fuelled by the global financial downturn. The softened demand for potassium chloride in a number of markets necessitated a considerable reduction in the company’s output in November and December 2008.

In December 2008, Uralkali produced around 129.9 thousand tonnes of potassium chloride, which is a 3.5 times decrease on December 2007 (around 456.6 thousand tonnes). The company’s overall output in 2008 was around 4.8 million tonnes of potassium chloride – a 6.4% decline on 2007 (around 5.119 million tonnes).