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United States

Profile: Mosaic Co (MOS)

MOS on New York Consolidated

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22 Jul 2016
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The Mosaic Company (Mosaic), incorporated on March 25, 2004, is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company's segments include Phosphates, Potash and International Distribution. Its Phosphates Segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally. Its Potash Segment sells potash throughout North America and internationally, principally as fertilizer, and also for use in industrial applications. Its International Distribution Segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil, Paraguay, India and China.

Phosphates

The Company's Phosphates business segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients. The Company's United States phosphates operations have capacity to produce approximately 5.3 million tons of phosphoric acid (P2O5) per year. Its United States phosphoric acid production totals approximately 4.5 million tons. Its phosphate crop nutrient products are marketed across the world to crop nutrient manufacturers, distributors, retailers and farmers. The Company's principal phosphate crop nutrient products include Diammonium Phosphate (18-46-0), Monoammonium Phosphate (11-52-0) and MicroEssentials. Production of the Company's animal feed ingredients products is located at its New Wales, Florida facility. It markets its feed phosphate primarily under the brand names of Biofos and Nexfos. The Company produces approximately 8.9 million tons of concentrated phosphate crop nutrients.

The Company's phosphate rock production totals approximately 14.5 million tons. Its phosphate mines and related mining operations are located in central Florida. The Company operates approximately four mines with a combined annual capacity of approximately 17.2 million tons. Its mines include Four Corners, South Fort Meade, Wingate and South Pasture. The Company's phosphate mines are located in Bone Valley Member of the Peace River Formation in the Central Florida Phosphate District. The southern portions of the Four Corners and Wingate mines are in the Undifferentiated Peace River Formation.

The Company uses the molten sulfur at its phosphates concentrates plants to produce sulfuric acid for use in its production of phosphoric acid. The Company owns and operates sulfur terminals in Houston, Texas and Riverview, Florida. The Company also leases terminal space in Tampa, Florida and Galveston and Beaumont, Texas. It also owns approximately two ocean-going barges and contract for operation of another ocean-going vessel that transport molten sulfur from the Texas terminals to Tampa and then onward by truck to its Florida phosphate plants. In addition, the Company owns approximately 50% equity interest in Gulf Sulphur Services Ltd., LLLP (Gulf Sulphur Services), which is operated by its joint venture partner.

The Company uses ammonia together with phosphoric acid to produce Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP) and MicroEssentials (MES). Ammonia for its New Wales and Riverview plants is terminaled through an owned ammonia facility at Port Sutton, Florida. Ammonia for its Bartow plant is terminaled through another ammonia facility owned and operated by a third party at Port Sutton, Florida. The Company produces ammonia at Faustina, Louisiana primarily for its own consumption. Its annual capacity is approximately 500,000 tons.

Potash

The Company's Potash segment mines and processes potash in Canada and the United States. The Company's potash products are marketed across the world to crop nutrient manufacturers, distributors and retailers and are also used in the manufacture of mixed crop nutrients and in animal feed ingredients. It also sells potash to customers for industrial use. In addition, the Company's potash products are used for de-icing and as a water softener regenerant. The Company operates approximately three potash mines in Canada, including over two shaft mines with a total of three production shafts and one solution mine, as well as approximately two potash mines in the United States, including one shaft mine and one solution mine. Its potash annualized operational capacity totals approximately 10.5 million tons of products per year.

The Company operates approximately three Canadian potash facilities all located in the southern half of the Province of Saskatchewan, including its solution mine at Belle Plaine, over two interconnected mine shafts at its Esterhazy shaft mine and its shaft mine at Colonsay. Its potash mines in Canada produce muriate of potash (MOP). Its Canadian operations produce approximately 10 different MOP products, including industrial grades. In the United States, the Company has a shaft mine located in Carlsbad, New Mexico. At the Carlsbad refinery, the Company produces Double sulfate of potash magnesia, which the Company markets under its brand name K-Mag.

International Distribution

The Company's International Distribution segment produces and markets phosphate-, potash- and nitrogen-based crop nutrients and animal feed ingredients and provides other ancillary services to wholesalers, cooperatives, independent retailers, and farmers in South America and the Asia-Pacific regions. The Company's international distribution operations also purchase phosphates, potash and nitrogen products from unrelated third parties. The Company's International Distribution segment provides its Phosphates and Potash segments access to markets outside of North America. Its International Distribution segment's production facilities include blending plants and a single superphosphate (SSP) plant that produces crop nutrients by mixing sulfuric acid with phosphate rock.

The Company owns and operates approximately 10 blending plants in Brazil and over one blending plant in Paraguay. In addition, the Company leases various other warehouses and blending units depending on sales and production levels. The Company owns approximately two 300,000 ton per year capacity blending plants. In India, the Company has distribution facilities to import and sell crop nutrients. The Company distributes approximately 470,000 tons of phosphate and potash crop nutrient products in India.

The Company competes with Canpotex, Limited.

Company Address

Mosaic Co

3033 Campus Dr Ste E490
PLYMOUTH   MN   55441-2655
P: +1763.5772700
F: +1763.5592860

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