Potash Corporation of Saskatchewan Inc. operates as an integrated fertilizer and related industrial and feed products company worldwide. The company owns and operates five potash mines in Saskatchewan and one in New Brunswick. Operations Potash Operations The company’s potash operations include the mining and processing of potash, which is primarily used as fertilizer. Properties All potash produced by the company in Saskatchewan is in the southern half of the Province, where potash deposits, or ‘Members’, are found. The potash ore is contained in a primary rock salt formation known as the Prairie Evaporite, which lies approximately 1,000 meters below the surface. The evaporite deposits, which are bounded by limestone formations, contain potash beds of approximately 2.4 to 5.1 meters of thickness. Three potash deposits of occur in the Province, such as the Esterhazy, Belle Plaine, and Patience Lake Members. The Patience Lake Member is mined at the Lanigan, Allan, Patience Lake and Cory mines, and the Esterhazy Member is mined at the Rocanville mine. Near Sussex, New Brunswick, at the company’s Penobsquis facility, it has been producing potash from the flank of an elongated salt structure. The company also holds an interest in certain oil and gas rights in the vicinity of the New Brunswick mine. The company, in conjunction with Corridor Resources Inc., has supplied the Penobsquis facility with natural gas to meet its fuel needs. The company has the right to mine 769,260 acres of land in Saskatchewan. Included in these holdings are mineral rights to 662,549 acres contained in blocks around its potash mines, of which the company owns approximately 27% of the acres, approximately 54% are under lease from the province of Saskatchewan and approximately 19% are leased from other parties. The company’s remaining 106,711 acres are located elsewhere in Saskatchewan. In New Brunswick, the company mines pursuant to a mining lease with the province of New Brunswick. The company has the right to mine 58,263 acres of land in New Brunswick. Nitrogen Operations The company’s nitrogen operations include production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate, and nitric acid. These products are used for agricultural, industrial, and animal nutrition purposes. Properties The company has four nitrogen production facilities, of which three are located in the United States and one is located in Trinidad. Phosphate Operations The company mines phosphate ore and manufacture phosphoric acid; solid and liquid phosphate fertilizers; phosphate feed and industrial acid; animal feed supplements; purified phosphoric acid, which is used in food products and industrial processes; hydrofluosilicic acid; and silicon tetrafluoride (STF). Properties The company conducts its phosphate operations primarily at two facilities, one a 75,198-acre facility near Aurora, North Carolina and the other a 99,588-acre facility near White Springs in northern Florida. The Aurora facility includes a 6.0 million tonne per-year mining operation, three sulfuric acid plants, four phosphoric acid plants, four purified acid plants, a liquid fertilizer plant, four superphosphoric acid (SPA) plants, a defluorinated phosphate (DFP) or animal feed plant, two granulation plants capable of producing diammonium phosphate or monoammonium phosphate (MAP) and four STF plants. The company’s White Springs facility is a phosphoric acid producer in the United States. The White Springs facility includes a mine and two production facilities, Suwannee River and Swift Creek, with two sulfuric acid plants, one phosphoric acid plant, two MAP plants, a SPA plant, a dicalcium phosphate plant, and a DFP plant located at the Suwannee River complex, as well as two sulfuric acid plants and a SPA plant located at the Swift Creek complex. At the company’s Geismar, Louisiana facility, it manufactures phosphoric acid. The company’s other phosphate properties include animal feed plants in Marseilles, Illinois; Weeping Water, Nebraska; and Joplin, Missouri, as well as a technical and food grade phosphate plant in Cincinnati, Ohio; and a terminal facility at Morehead City, North Carolina. Customers The company’s major customer includes Canpotex Limited. The primary customers for fertilizer products are retailers, dealers, cooperatives, distributors, and other fertilizer producers. The primary customers for industrial products are chemical product manufacturers. Environmental Requirements The Safety, Health and Environment committee of the Board of Directors measures the company’s safety, health, environmental, and security performance against its management policies and procedures. Competition Potash: The company's primary competitors in North America include The Mosaic Company, Agrium Inc., and Intrepid Potash Inc. It also competes with Israel Chemicals Ltd.; Sociedad Química y Minera de Chile S.A.; and Uralkali. Nitrogen: The company’s competitors include CF Industries Holdings, Inc.; Agrium Inc.; and Koch Industries, Inc. Phosphate: The company’s competitors include CF Industries Holdings, Inc.; Mississippi Phosphates Corporation; J.R. Simplot Company; Agrium Inc.; OCP SA; The Mosaic Company; Innophos Holdings, Inc.; and Israel Chemicals Ltd. History Potash Corporation of Saskatchewan Inc. was founded in 1953.
potash corp of saskatchewan
122-1st Avenue South
Saskatoon, SK S7K 7G3
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