K+S Looks to Sell Americas Businesses

K+S AG of Germany has announced plans to sell its operating units in North and South America, including its salt business. A sale agreement is expected to be signed by the end of the year. After the sale, the company will focus on its fertilizer and specialties businesses. Burkhard Lohr, K+S’s chairman, said, “The sale...

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Intrepid Potash Sees Positive Signs for Demand and Pricing in 2020

Intrepid Potash Inc of Denver, CO has reported a 2019 net income of US$13.6 million on revenue of US$220.1 million compared with a net income of US$11.8 million on sales of US$208.3 million in 2018. The company’s fourth quarter results were down considerably from the same period of 2018. Fourth quarter net income declined from...

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Nutrien Earnings Hold Up Well in Tough Agriculture Market

Nutrien Ltd of Saskatoon, SK has reported 2019 potash net sales of US$2.6 billion compared with US$2.7 billion in 2018. Potash sales volumes fell 12% from 13.0 million tonnes to 11.5 million tonnes. Potash production decreased from 12.8 million tonnes to 11.7 million tonnes.The sales decline was offset by a 10% increase in the average...

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Stone Canyon Set to Purchase Kissner Group

Stone Canyon Industries LLC (SCIH) of Los Angeles, CA is poised to purchase Kissner Group Holdings LP of Overland Park, KS. Kissner is a leading, vertically integrated bulk salt, specialty salt and evaporated salt producer focused on governmental and commercial customers across the United States and Canada. The company owns and operates two rock salt...

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Gensource Potash Names Off Taker for Tugaske

Gensource Potash Corp of Saskatoon, SK Has announced that Helm AG of Germany is the offtaker for its Tugaske potash project. Tugaske is part of the company’s Vanguard property in central Saskatchewan. Helm and Gensource are currently finalizing the definitive off take agreement under which Helm will purchase 100% of the production from the project...

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