Two major Canadian fertilizer companies, Agrium and Potash Corp of Saskatchewan have just merged to form Nutrien Ltd, which is now the biggest fertilizer producer in the world and according to the Province’s Premiere, the new entity will keep its headquarters in Saskatchewan.
Companies on the move in the potash space include Compass Minerals International, Inc. (NYSE: CMP), Intrepid Potash, Inc. (NYSE: IPI), Potash Corporation of Saskatchewan Inc. (TSE: POT) (NYSE: POT), and Potash Ridge (TSX: PRK) (OTC: POTRF).
About 95% of potash is used for fertilizer in agriculture and about 5% is used in commercial and industrial products. Potash fertilizers can correct the problem where soil is potassium deficient and boost crop yields and quality.
Potash companies have been watching the increase in global demand for potash …View the full post at: New Fertilizer Giant Nutrien to Keep Its Headquarters in Saskatchewan …
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