Canpotex Limited (Canpotex) today announced that its Board of Directors has decided not to proceed with construction of a new export terminal at the Port of Prince Rupert in British Columbia.
The decision was based on economic and commercial considerations. With highly efficient export terminals in Vancouver, Saint John and Portland, Canpotex has determined it has sufficient port access and terminal capacity options to meet its needs.
Canpotex Limited today announced that the Board of Directors has appointed Ken Seitz as President and Chief Executive Officer (CEO), effective November 1, 2015. After 32 years of dedicated service, Steve Dechka will retire as President and CEO at the end of the year.
Canpotex has selected National Steel Car of Hamilton, Ontario, to manufacture 700 new railcars specially designed to transport Saskatchewan potash to coastal ports. Canpotex’s investment in these additional railcars is valued at $70 million. Since 1999, Canpotex has invested over $500 million to build over 7,000 railcars with National Steel Car.
Canpotex has finalized potash supply contracts for 2015 with all of its major customers in China, including Sinofert (Sinochem Fertilizer Macao Commercial Offshore Ltd.). Pricing was confirmed with its customers at current competitive levels.
This afternoon Mayor Michael Fougere received a model of the MV Ultra Regina vessel from Canpotex Limited. The vessel was presented by Mrs. Tami Wall along with Mr. Steve Dechka, President and Chief Executive Officer of Canpotex.
Canpotex Terminals Limited (Canpotex) announces that it has now received all required government environmental permits for its proposed potash export terminal at Prince Rupert and has signed a lease agreement with the Prince Rupert Port Authority (PRPA).
The execution of the lease agreement is an interim step in the development of Canpotex’s proposed Greenfield potash terminal on Ridley Island.
Portland is already the largest gateway on the U.S. West Coast for bulk mineral exports, and that gateway is about to get more efficient and diversified with the expansion of the Canpotex Limited (Canpotex) potash export facility at the Port of Portland's marine Terminal 5 in the Rivergate Industrial District.
Today, Canpotex Limited (Canpotex), Canadian Pacific (CP), and the City of Saskatoon (City) announced the funding support for the new Canpotex Train, which will be one of the main attractions at the future home of PotashCorp Playland at Kinsmen Park. “The Train is a major attraction to the Park,” notes Steve Dechka, Canpotex’s President and Chief Executive Officer, “and Canpotex, along with our partner CP, is excited to help the City of Saskatoon cultivate this experience for Saskatoon’s ch
In 2014, over 42 years after its first potash shipment in 1972, Canpotex Limited (Canpotex) achieved yet another milestone by supplying a total of 200 million tonnes of Saskatchewan potash to offshore customers—primarily to countries in Asia, Latin America and Oceania.