Edition:
United States

Profile: Potash Corporation of Saskatchewan Inc (POT.TO)

POT.TO on Toronto Stock Exchange

19.95CAD
10:32am EDT
Change (% chg)

$-1.00 (-4.77%)
Prev Close
$20.95
Open
$20.79
Day's High
$20.79
Day's Low
$19.93
Volume
1,891,293
Avg. Vol
2,608,038
52-wk High
$36.51
52-wk Low
$19.93

Potash Corporation of Saskatchewan Inc. (PCS), incorporated on May 15, 2002, is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. The Company owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad. The Company's phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid, which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company has approximately four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.

Potash

The Company's potash operations include the mining and processing of potash, which is used as fertilizer. The potash ore is contained in a rock salt formation known as the Prairie Evaporite, which lies approximately 1,000 meters below the surface. The evaporite deposits, which are bounded by limestone formations, contain potash beds of 2.4 to 5.1 meters of thickness. The potash deposits that occur in the Province are the Esterhazy, Belle Plaine and Patience Lake Members. The Patience Lake Member is mined at the Lanigan, Allan, Patience Lake and Cory mines, and the Esterhazy Member is mined at the Rocanville mine. The Company produces potash using both conventional and solution mining methods. The Company's conventional potash operations mine approximately 28.2 million tons of ore at an average mineral grade of over 23.7% potassium oxide (K2O). Its potash production from its operations consists of over 9.1 million tons of potash (KCl or finished product) with an average grade of 61.0% K2O. In addition to potash production, its New Brunswick operations also produces over 0.9 million tons of sodium chloride (salt).

Nitrogen

The Company's nitrogen operations include the production of nitrogen fertilizers and nitrogen chemicals. Its products are used for agricultural, industrial and animal nutrition purposes. The Company has over four nitrogen production facilities, of which over three are located in the United States and one is located in Trinidad. The Company's plant locations are Augusta, GA, which produces ammonia, urea, nitric acid, ammonium nitrate and nitrogen solutions; Geismar, LA, which produces ammonia, nitric acid and nitrogen solutions; Lima, OH, which produces ammonia, urea, nitric acid and nitrogen solutions, and Point Lisas, Trinidad, which produces Ammonia and urea. The ammonia is used to produce a line of upgraded nitrogen products, including urea, nitrogen solutions, ammonium nitrate and nitric acid. Ammonia, urea and nitrogen solutions are sold as fertilizers to agricultural customers and to industrial customers for various applications. Nitric acid and ammonium nitrate are sold to industrial customers for various applications. Urea is also sold for feed applications.

Phosphate

The Company mines phosphate ore and manufactures phosphoric acid, solid and liquid fertilizers, animal feed supplements, purified phosphoric acid, which is used in food products and industrial processes, hydrofluosilicic acid (HFSA) and silicon tetrafluoride (STF). The Company conducts its phosphate operations primarily at over two facilities, including a 75,212-acre facility near Aurora, North Carolina and a 99,588-acre facility near White Springs in northern Florida. The Aurora facility includes approximately six million ton per-year mining operation, over three sulfuric acid plants, approximately four phosphoric acid plants, over four purified acid plants, a liquid fertilizer plant, approximately four superphosphoric acid (SPA) plants, a deflourinated merchange grade acid plant (DFMGA), a low magnesium SPA plant (LOMAG), a defluorinated phosphate (DFP) or animal feed plant, approximately two granulation plants capable of producing diammonium phosphate (DAP) or monoammonium phosphate (MAP), and over four STF plants.

The White Springs facility includes a mine and the Swift Creek chemical complex. The remaining Swift Creek chemical complex consists of over two sulfuric acid plants, one phosphoric acid plant, and one SPA plant. At its Geismar, Louisiana facility, the Company manufactures phosphoric acid. The Geismar facility has a phosphoric acid plant and a liquid fertilizer plant. The Company extracts phosphate ore using surface mining techniques. Its other phosphate properties include animal feed plants in Marseilles, Illinois; Joplin, Missouri; Weeping Water, Nebraska; a technical and food grade phosphate plant in Cincinnati, Ohio, and a terminal facility at Morehead City, North Carolina. It produces MGA at Aurora, White Springs and Geismar facilities.

The Company competes with The Mosaic Company, Agrium Inc., Intrepid Potash Inc., ICL, SQM, Belaruskali, Uralkali, K+S Group, Agrium Inc., CF Industries Holdings, Inc., Koch Industries, Inc., J.R. Simplot Company, OCP S.A. and Innophos Holdings, Inc.

Company Address

Potash Corporation of Saskatchewan Inc

122 1st Ave S Suite 500
SASKATOON   SK   S7K 7G3
P: +1306.9338500
F: +1306.6522699

Company Web Links