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Tag Archives Nutrien — page 3

Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets

Nutrien’s interim CEO named CEO

Seitz sees 'a lot of uncertainty' continuing in market

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Reuters — Canada’s Nutrien Ltd., the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in January surprised investors by replacing its CEO for the second time in eight months. It then named Seitz, the head of its potash business, as interim CEO, replacing Mayo Schmidt.
Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops

Nutrien buys expanded ag retail presence in Brazil

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Reuters — Top fertilizer maker Nutrien on Wednesday agreed to acquire Casa do Adubo S.A., as part of its ambitions to expand its Brazilian retail business. The deal marks Nutrien’s sixth acquisition in Brazil since 2019, when it set a strategic goal to build its market share in a country that is vital to feeding
Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets

Nutrien to further boost potash output amid global shortage

Company will also speed up nitrogen capacity boosts

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Reuters — Nutrien, the world’s largest fertilizer producer, said Thursday it will increase its Canadian potash production by 20 per cent to an annual 18 million tonnes by 2025, helping to address tight supplies that have contributed to a global food shortage. Potash prices have soared since the West imposed sanctions against Russia for Moscow’s
(Nutrien video screengrab via YouTube)
Crops

Nutrien bolsters profit forecast on surging fertilizer prices

Fertilizer sector set for biggest profits in years

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Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company benefits strongly from soaring prices of crop nutrients. Prices of essential crop nutrients such as potash and phosphate skyrocketed in the quarter, touching near-record levels,
(Nutrien video screengrab via YouTube)
Crops

Nutrien to produce ‘most potash ever’ in 2022

Company to ramp up production in response to Ukraine conflict

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The world’s biggest potash-producing company is set to produce more potash in 2022 due to “uncertainty of potash supply” coming out of Eastern Europe. Saskatoon-based Nutrien, which has an estimated 20 million tonnes of potash-mining capacity across six mines in Saskatchewan, said Wednesday it plans to boost its output for 2022 to 15 million tonnes,
The Nutrien Redwater Fertilizer plant near Fort Saskatchewan, Alberta, Oct. 7, 2021.
News

Nutrien eyes Russian invasion causing prolonged global fertilizer disruption

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Reuters – Canada’s Nutrien, the world’s biggest fertilizer producer, said recently that Russia’s invasion of Ukraine could result in prolonged disruptions to the global supply of potash and nitrogen crop nutrients. Interim chief executive Ken Seitz said Nutrien will boost potash production if it sees sustained supply problems in Russia and Belarus, the world’s second-
File photo of Canpotex potash cars. (Dave Bedard photo)
Crops, Markets

Nutrien eyes potash production boost amid turmoil in Russia, Belarus

Idled Saskatchewan mines could be restarted

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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,

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