UPDATE 2-New Uralkali owners plan CEO change, Belarus talks - source

Fri Dec 20, 2013 11:08am EST
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* Russian politician Prokhorov gains 27 pct of Uralkali

* Uralchem completes deal for 20 pct of Uralkali

* Uralkali CEO to be replaced by Uralchem director-source

* No clarity on trading JV, current CEO release

By Polina Devitt

MOSCOW, Dec 20 (Reuters) - Russian tycoon-turned-politician Mikhail Prokhorov and a fellow businessman have taken control of a 47-percent stake in potash firm Uralkali and plan to appoint a new CEO who could revive a partnership with Belarus, a source close to the matter said.

Uralkali, the world's biggest potash producer, quit a trading alliance with Belarus in July which controlled 40 percent of the $20 billion global market of the crop nutrient in order to focus on maximising sales volumes.

The move triggered a plunge in the price of potash and infuriated Belarus where the sliding price hit export earnings.

"They will try to solve the conflict now," a source, familiar with new shareholders' plans said on Friday.   Continued...