EuroChem flotation on horizon

EuroChem co-owner Andrei Melnichenko has clarified a timeframe for the EuroChem IPO. ­“We plan an IPO for the end of 2013 or beginning of 2014,” he announced.Preliminary estimates were not mentioned, while Melnichenko noted that the company needs to complete construction of its potash mines prior to an IPO. “The market will provide the estimate. […]