PotashCorp

Potash Corporation of Saskatchewan Inc.
Company typePublic
TSX: POT
NYSE: POT
IndustryMaterials
Founded1975
DefunctDecember 2017 (2017-12)
FateMerged with Agrium
SuccessorNutrien
HeadquartersSaskatoon, Saskatchewan, Canada
Key people
Jochen Tilk (CEO)
ProductsPotash Nitrogen Phosphate
RevenueIncreaseUS$8.03 Billion (FY 2012)[1]
Increase US$3.90 Billion (FY 2012)[1]
Increase US$2.30 Billion (FY 2012)[1]
Total assetsUS$17.47 Billion (2016)[2]
Number of employees
5,703 (2011)[3]
Websitewww.potashcorp.com/
A PotashCorp covered hopper car.

The Potash Corporation of Saskatchewan, also known as PotashCorp, was a company based in Saskatoon, Saskatchewan. The company merged with Calgary-based Agrium to form Nutrien, in a transaction that closed on January 1, 2018.[4]

The company was the world's largest potash producer and the third largest producer of nitrogen and phosphate, three primary crop nutrients used to produce fertilizer. At the end of 2011, the company controlled twenty percent of the world's potash production capacity, two percent of nitrogen production capacity and five percent of phosphate supply.[5] The company was part-owner of Canpotex, which manages all potash exporting from Saskatchewan.[6] It also had a joint-venture with Sinochem named Sinofert. In late 2013, it was 60%-owned by institutional shareholders.[7] In 2007, the CEO, William Doyle was by far the highest earning CEO in Canada, earning $320 million.[8]

  1. ^ a b c Potash Corporation's annual income statement via Wikinvest
  2. ^ "PotashCorp". Forbes.
  3. ^ "Company Profile for Potash Corp of Saskatchewan Inc (POT)". Archived from the original on 2012-01-14. Retrieved 2008-10-09.
  4. ^ "Merger of PotashCorp and Agrium finalized as shares in Nutrien start trading". CBC News. Retrieved 2018-01-03.
  5. ^ "Potash Corp. of Saskatchewan 2010 Annual Report, "Company Overview", p. 5" (PDF). Archived from the original (PDF) on 2011-09-28. Retrieved 2011-06-19.
  6. ^ "Canpotex Limited - Complete Profile". Industry Canada. 2009-06-18. Archived from the original on 2013-05-21. Retrieved 2010-09-07.
  7. ^ ""POT: Ownership summary" nasdaq.com". Archived from the original on 2013-12-11. Retrieved 2013-12-06.
  8. ^ "Doyle top CEO at $320 million". The StarPhoenix. Saskatoon. 2008-11-18. Archived from the original on 2012-11-06. Retrieved 2010-09-08.