(This factbox appears as part of a special package
highlighting the global potash industry.)
(In U.S. dollars)
Sept 22 Potash Corp of Saskatchewan (POT.TO),
the world's largest producer of potash, plans to stay ahead of
its rivals by expanding its production capacity over the next
The following are some key facts about Potash Corp:
* Potash Corp was formed by the Saskatchewan government in
1975. The company employed about 5,300 people at the end of
* The company became a publicly traded corporation in 1989
and the government no longer has any stake in it.
* Potash Corp produces potash, nitrogen and phosphate
products and markets them to fertilizer, industrial and animal
feed customers around the world. It produces potash from six
mines in Saskatchewan and one mine in New Brunswick.
* In 2008, the company's potash production was 8.7 million
tonnes, representing 47 percent of North American output.
* The company's potash operations represented 17 percent of
global production and 22 percent of global capacity last year.
* Potash expects planned expansions at existing sites to
increase its constructed potash capacity to 18 million tonnes a
year by the end of 2012.
* The company has ownership interests in four global potash
businesses: Arab Potash Co APOT.AM in Jordan, Israel
Chemicals Ltd (ICL.TA) in Israel, Sociedad Quimica y Minera de
Chile S.A. (SQM.N) in Chile, and Sinofert Holdings Ltd
(0297.HK) in China. The market value of the investments is
currently about $6.6 billion.
* Canpotex, the overseas potash marketing arm of Potash
Corp, Mosaic Co (MOS.N) and Agrium Inc (AGU.TO), commenced
operations in 1972. Canpotex sales are allocated based on
production capacity-- Potash Corp supplies about 54 percent of
Canpotex's requirements, with 38 percent supplied by Mosaic and
the remaining 8 percent coming from Agrium.
(Reporting by Chakradhar Adusumilli; Editing by Frank McGurty)