News: K&S AG (SDFGn.DE)
Thu, Nov 14 2013
* Now sees year operating profit down by up to 25 pct to over 600 mln euros
FRANKFURT, Nov 6 - German potash miner K+S said it would develop its new potash mine in Canada on its own after rival Mosaic, North America's second-biggest potash producer, signalled interest in investing in the project.
BERLIN, Oct 25 - German miner K+S, hit by uncertainty over the price of potash fertiliser, is looking into cutting its annual costs by hundreds of millions of euros, two people familiar with the discussions told Reuters on Friday.
FRANKFURT, Oct 9 - German potash fertiliser supplier K+S is looking into hybrid bonds to finance its C$4.1 billion ($3.97 billion)expansion project in Canada after uncertainty over potash prices upset its previous funding plans.
UNTERBREIZBACH, Germany - Three miners were killed on Tuesday after breathing leaked carbon dioxide following a controlled explosion at a potash mine operated by K+S in the German state of Thueringia, the company said.
* CompuGroup, Nemetschek replace Euromicron, Suess on TecDAX
* No price change so far, but Europe's supply running low
* "Speculation" on potash prices won't spell end to venture