Mosaic, the world’s leading producer and marketer of concentrated phosphate and potash, is laying off 46 workers at its Colonsay mine in Saskatchewan. The permanent
Category: North America
Sexsmith to Become Alberta’s Fertilizer Hub
The town of Sexsmith is to become the central hub for fertilizer production in northern Alberta thanks to a partnership called “Bridgeland” between two cooperatives
US Oil Output Dramatically Decreasing
Experts in the oil industry warned yesterday of a dramatic fall in the US crude output that could make prices soar if demand goes up.
Mosaic to Pay $2 Billion Lawsuit Settlement over Pollution
The Mosaic Company, the world’s leading producer and marketer of concentrated phosphate and potash, is settling a huge legal action for almost $2 billion. The
Mosaic to Cut its Potash Output due to Weak Demand
Mosaic Co, the biggest US producer of potash fertilizer, announced it was planning to cut its production due to cheap crops, which continue to impact
Potash Corp’s Bid to Buy Germany’s K+S More Attractive Now
Some analysts think that the €7.85-billion proposal of the Potash Corp. of Saskatchewan Inc.’s to buy its largest European competitor is now more attractive after
Potash Market Forecast to Deteriorate Further
Potash prices have been declining for a number of years and observers agree that the situation is unlikely to improve anytime soon. In fact, the
Incitec Expects Bigger Profits from its New U.S. Plant Due to Recent Fertilizer M&A
Incitec Pivot, the Australian multinational corporation that manufactures fertilizer, explosives and chemicals, estimates that its brand new $850 million U.S. ammonia plant outside New Orleans
U.S.-Mexico Crude Swaps Believed to Boost Economy and Environmental Protection
U.S.-Mexico crude oil exchanges that were approved in August by the U.S. Department of Commerce’s Bureau of Industry and Security will probably involve swaps of
U.S. Crude Production Set to Fall Next Year
U.S. oil output is expected to fall by almost 1 million barrels next year down from this year’s heights. American crude production hit its peak