Winnipeg | Reuters — Canada’s Nutrien, the world’s biggest fertilizer company, is bumping up potash production as sanctions restrict its rival in Belarus, but is holding off on bigger expansion, its interim CEO said on Thursday. Potash prices have climbed to decade highs as state-owned Belaruskali, the second-largest producer after Nutrien, copes with U.S. and […] Read more
Tag Archives nutrien — page 4
Nutrien takes cautious potash approach as rival copes with sanctions
Nutrien eyes potash production boost amid turmoil in Russia, Belarus
Idled Saskatchewan mines could be restarted
Winnipeg | Reuters — Nutrien, the world’s biggest potash miner, could boost production by up to 29 per cent in coming years, depending on any sanctions facing rival producers in Russia and Belarus, the Canadian company’s interim CEO told Reuters. Prices of granular potash fertilizer are near 10-year highs in the United States and Brazil, […] Read more
Inclusivity must be an actionable goal, not just language: Nutrien
Leaning into compassion and having uncomfortable conversations fosters greater inclusion
The recipe for building race, culture and gender inclusion in the workplace is simpler to follow if the ingredients are cultivated organically within an organization. “Diversity and inclusion are separate and apart from the word equity because equity is basically just access,” Leslie Coleman told attendees at the Advancing Women in Agriculture virtual conference in […] Read more
Nutrien makes surprise CEO switch again despite strong profits
Abrupt change 'mighty perplexing' to analysts
Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement it named Ken Seitz, the head of its potash business, as interim chief executive after […] Read more
Nutrien confident in potash demand even with BHP project
Calgary | Reuters — Canada’s largest potash producer Nutrien said Tuesday it is confident in growing global demand for the crop fertilizer, shrugging off BHP Group’s decision to press on with its massive Jansen project in Saskatchewan that will add millions of tonnes a year of potash supply. BHP announced Tuesday it is going ahead […] Read more
Potash partnership with BHP ‘not our focus,’ Nutrien executive says
Prices surging on rising demand, Belarus sanctions
Winnipeg | Reuters — Canadian potash producer Nutrien is not focused on any potential collaboration with miner BHP Group, a senior Nutrien executive said Tuesday in the company’s first public comments about reports of possible co-operation. BHP has for years been constructing a potash mine at Jansen, Sask., near Nutrien’s six mines in the province. […] Read more
Nutrien to further bump up potash output
'Continued tightening' in market cited as potash producer Belarus sanctioned
Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a […] Read more
Nutrien to boost potash output on global demand
Reuters — Fertilizer company Nutrien said Monday it expects to increase potash production by about half a million tonnes in the second half of the year compared to earlier expectations, due to strong global demand. As crop prices rise, farmers have greater incentive to use fertilizer and maximize yields, boosting potash demand and spurring a […] Read more
BHP reported in talks with Nutrien on potash partnership
Reuters — BHP Group is in discussions with fertilizer maker Nutrien about a partnership in the miner’s massive potash project in Saskatchewan, Bloomberg reported Wednesday, citing sources. Potential options include Nutrien acquiring a stake in BHP’s mine at Jansen, Sask., or becoming the mine’s operator and selling the potash through its channels, the report said, […] Read more
New Nutrien CEO to carry out current strategy
Schmidt to focus on potash price over boosting sales
Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices […] Read more
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