Canpotex has joined the Business Council of Canada and its members in releasing the following statement:
The events of the past week have saddened and shaken us all. This is a time to recognize the pain felt by many, to show empathy and to care for one another.
As a result of recent potash contract settlements in China and India combined with continued solid demand for potash in our other offshore markets, Canpotex is fully committed on volumes for potash sales for shipment through July 2020.
The Board of Directors of Canpotex Limited (Canpotex) is pleased to announce the appointment of J. Gordon (Gord) McKenzie as President and Chief Executive Officer of Canpotex. The appointment is effective January 17, 2020.
Saskatoon, Saskatchewan – Canpotex Limited (Canpotex) today announced a donation of up to $50,000 to support the Saskatoon Food Bank & Learning Centre's Milk for Children program. This is the third consecutive year Canpotex has made this commitment as part of Hunger Action Month, a national campaign to raise awareness and encourage Canadians to take action to address hunger in our communities.
The Canpotex donation will match donations from the community up to $50,000.
Saskatoon, Saskatchewan – Saskatoon children who might otherwise go hungry on weekends will receive vital nutrition as a result of a $78,000 donation from Canpotex to The Salvation Army’s Weekend Investment in Nutrition program.
Due to continued strong demand for potash and solid agricultural fundamentals in our offshore markets, Canpotex is fully committed on potash sales into June 2019.
Due to continued strong demand for potash and solid agricultural fundamentals in our offshore markets, Canpotex is fully committed on potash sales until April 2019.
Due to continued strong demand for potash and solid agricultural fundamentals in our offshore markets, Canpotex is fully committed on potash sales until January 2019.
During the month of September Saskatoon citizens took action against hunger by participating in the Hunger Action Month Challenge, a national initiative designed to raise awareness and take action against hunger in Canadian communities.
Due to continued strong demand for potash and solid agricultural fundamentals in our offshore markets, Canpotex is fully committed on potash sales until November 2018.
Due to continued strong demand for potash and solid agricultural fundamentals in our offshore markets, Canpotex is fully committed on potash sales until October 2018.
Canpotex Limited (Canpotex) is pleased to announce that today it has opened a sales office in São Paulo, Brazil to serve its customers in this important and growing market. Brazil is the largest market for Canpotex potash.
Due to continued strong demand for potash and solid agricultural fundamentals in our offshore markets, Canpotex is fully committed on potash sales through the end of June 2018.
Following the Agrium and PotashCorp merger of equals, Canpotex’s shareholders now consist of Mosaic and Nutrien. These two shareholders each have an equal ownership in Canpotex and equal representation on the Canpotex Board of Directors.
Canpotex is fully committed on volumes through the end of February 2018. Potash prices in both the Asian and Latin American spot markets continue to firm including the major markets of Indonesia, Malaysia and Brazil. These factors reflect continued strong demand and positive agricultural fundamentals in the export potash markets.