HAMILTON, ON — Canpotex Limited is investing in its world-class supply chain to increase its efficiency, reliability, and safety by acquiring 1,300 custom railcars from National Steel Car (NSC) in Hamilton, Ontario. These new custom railcars from NSC will be added to Canpotex’s fleet of existing railcars, increasing the total fleet to 8,000 cars by June 2023.
The Saskatoon Food Bank & Learning Centre (SFBLC) celebrated a successful Milk Month Campaign with Canpotex. Thursday, October 6th, 2022 at 9:00 AM the event kicked off with speeches from Laurie, Executive Director at the SFBLC, and Gordon McKenzie, CEO of Canpotex. The total amount raised for Milk Month this year is $126,966.62.
SPSF is thrilled to announce Canpotex is committing to $75,000 x 3 years, starting October 1st, 2022, to support the purchase of food items for Cheer Crates. This kind of long-term funding gives SPSF an opportunity to provide sustainable support for students and families. More than 750 families will be provided with food, games, and personal care items through the delivery of Cheer Crates.
Canpotex confirms that it has signed Memorandums of Understanding (MOUs) with three of its customers in India: Indian Potash Limited, Coromandel International Limited, and Chambal Fertilisers and Chemicals Limited. These MOUs confirm Canpotex’s willingness to supply, and each customer’s willingness to acquire, up to 500,000MT of potash annually during the period from January 1, 2023, to December 31, 2025.
Canpotex Limited (Canpotex), a fixture in Saskatoon’s business community and Canada’s largest overseas exporter of high-quality potash, is celebrating a major milestone in 2022 — 50 years of nourishing the world’s fields in pursuit of food security.
Canpotex announced today that it has donated $50,000 to the Canadian Red Cross – Ukraine Appeal which provides humanitarian assistance to those affected by the crisis in Ukraine, including Ukrainian refugees.
Today, Canpotex was recognized as one of Saskatchewan’s Top Employers. This special designation recognizes Canpotex as an employer of choice and highlights the programs and culture that make Canpotex one of Saskatchewan’s premier places to work.
Canpotex has reached an agreement with China’s potash buying committee for standard grade potash shipments through to December 31, 2022, at a price of US$590/MT on a CFR basis.
“China has been an important market to Canpotex for 50 years,” said Gordon McKenzie, Canpotex President and CEO. “We look forward to continuing our support of food security in China by providing our customers with a reliable and stable supply of potash to support China’s growing needs.”
Canpotex is fully committed on volumes for potash sales through March 31, 2022. This is due to continued strong demand and solid fundamentals for agricultural commodities in key offshore markets. In addition, the focus on food security continues in a number of Canpotex’s markets.
Canpotex is fully committed on volumes for potash sales to the end of 2021. This is due to continued strong demand and solid fundamentals for agricultural commodities in key offshore markets. In addition, the focus on food security continues in a number of Canpotex’s markets.
September is Milk Month at the Saskatoon Food Bank & Learning Centre (SFBLC). All month long the SFBLC raises awareness and funds in support of its Milk for Children Program.
For the past five years Canpotex has stepped up to support this critical program by matching all public donations in the month of September up to $50,000. In the last year alone, the food bank provided 56,428 litres of fresh milk for children and pregnant and nursing women.
On Friday, August 13 it was announced that Canpotex is the recipient of the 2020 Canada’s Volunteer Awards, Regional Business Leader: Prairies. The award recognizes Canpotex’s commitment to the Saskatoon Food Bank and Learning Centre (SFBLC), where they have been an engaged partner since 2017.
Canpotex is fully committed on volumes for potash sales into November 2021, due to continued strong demand and solid fundamentals for major agricultural commodities in key offshore markets. The focus on food security continues in a number of Canpotex’s markets.
In celebration of Mother’s Day, Canpotex is making a $150,000 donation over 5-years to the Jim Pattison Children’s Hospital Foundation. We are proud to have our name displayed supporting a Nourishment Room within the Mosaic Maternal Care Centre at Jim Pattison Children’s Hospital, in recognition of our partnership.
Due to continued strong demand for potash in numerous key offshore markets, Canpotex is fully committed on volumes for potash sales into September 2021. This strong demand continues to be supported by solid fundamentals for several major agricultural commodities and a focus on food security in a number of Canpotex’s offshore markets.
Belarusian Potash Company yesterday announced it has agreed with a Buying Consortium to supply potash to China at a contract price of US$247/MT CFR, which would be a US$27/MT increase from previously-reported China contracts. As stated in our release when BPC announced it had concluded a contract for India, this price is significantly below current market levels for potash in key offshore markets.
Belarusian Potash Company has announced agreement to a new annual contract with Indian Potash Limited to supply 800,000 metric tons of potash to India at a price of US$247/MT CFR. This would be significantly below current market levels for potash in key offshore markets and a complete disconnect from the strong fundamentals currently being seen for major agricultural commodities in numerous growing regions throughout the world.