The boards of two of the heaviest hitters in Canada’s fertilizer sector have formally agreed to a $47 billion “merger of equals” deal under a new, yet-to-be-named parent company. PotashCorp, […] Read more
Tag Archives potash
PotashCorp, Agrium make engagement official
Fertilizer merger faces easier approval at home than in U.S.
Toronto/Washington | Reuters — Canada’s PotashCorp and Agrium are more likely to win approval for a potential merger in Canada than in the U.S., but U.S. rejection of the deal […] Read more
PotashCorp, Agrium merger would send farmers to regulators
Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on […] Read more
Agrium, PotashCorp in merger talks
Canadian fertilizer giants Agrium and PotashCorp confirmed Tuesday they’re in “preliminary discussions” toward a possible merger-of-equals. Calgary-based Agrium and Saskatoon-based PotashCorp emphasized in separate statements Tuesday that no decision has […] Read more
Agrium’s Vanscoy potash operations suspended
Reuters — Agrium’s operations at its Vanscoy potash mine in Saskatchewan could be halted for days, a union official said on Tuesday, the day after a worker was injured. An […] Read more
Mosaic CEO sees opportunities to buy miners’ fertilizer assets
Reuters — Miners that produce a diverse commodity mix may be willing to part with fertilizer assets, creating buying opportunities for producers of potash and phosphate, Mosaic Co. CEO Joc […] Read more
Mosaic idles Saskatchewan potash mine
Reuters — Fertilizer producer Mosaic Co. has idled production at its Colonsay, Sask. potash mine for the rest of 2016, and temporarily laid off 330 workers, the company said in […] Read more
Uralkali shareholder wants to restore potash alliance
Minsk | Reuters — The Belarussian businessman who last week acquired a 20 per cent stake in Russian potash producer Uralkali said on Monday it would be in everyone’s interest […] Read more
CP offers assurances for 2016-17 grain handle
Canadian Pacific Railway (CP) says it’s ready and willing to move a bumper Prairie crop in 2016-17. “Operationally, CP is eager and prepared to move grain this coming crop year,” […] Read more
Canpotex shelves plans for Prince Rupert terminal
Reuters — Canpotex, the potash export sales arm for PotashCorp, Mosaic Co. and Agrium, said Friday it would not build a planned shipping terminal at Prince Rupert in British Columbia. […] Read more
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