Canpotex, Canada’s Saskatchewan-based potash exporting and marketing firm, in operation since 1972, has finalized supply deals with its major Chinese customers for potash shipments for
Category: Phosphate
Israel Chemicals Buys Allana Potash Corp for $137 million
Israel Chemicals Ltd, known as ICL, will acquire Allana Potash Corporation for $137 million. Allana’s CEO, Farhad Abasov, commented that there was no other way
China-Belaruskali Deal Shakes up the Potash Industry
The decision of Belarus’ potash giant Belaruskali to sell its potash to the Chinese for $315 a tonne by mid-2015 has shaken up the potash
Chile’s SQM Fertilizer Fires its CEO
SQM fertilizer, producer of specialty fertilizers and inorganic industrial chemicals headquartered in Chile, has recently fired its chief executive officer, Patricio Contesse, after he was
Potash Corp’s Shares Fall due to Saskatchewan’s New Tax Measures
Shares of Potash Corporation of Saskatchewan started sinking yesterday morning (19 March) after the company had announced that new provincial tax measures will decrease its
Mosaic Co. to Expand Esterhazy Mine for $1.7 Billion
Mosaic Co. is going to spend $1.7 billion to expand its K3 potash mine near Esterhazy as part of the plans to accelerate the production
Brazil’s Fertilizer Market Set to Stagnate
Brazil’s fertilizer market is predicted to stagnate for another season. Stagnation, according to analysts, only stresses the importance of mergers in underpinning the profitability of
Uralkali to Invest $4.5bn to Increase Production Capacity
Russia’s Uralkali said it would invest $4.5 billion over the next five years in order to boost its production capacity by a third in an
Canadian Farmers Start Building Their Own Fertilizer Storage
Canadian farmers have been recently investing their profits from crops in fertilizer storage facilities in order to mitigate the price war of some major retailers
US Geological Survey Finds Plenty of Potash Sources Worldwide
The US Geological Survey (USGS), a scientific agency of the United States government, has recently published an up-to-date and GIS-based assessment of both known and