PotashCorp is an integrated producer of fertilizer, industrial and animal feed products. We are the world's largest fertilizer enterprise, producing the three primary plant nutrients: potash, phosphate and nitrogen. Among these, potash – the main focus of our business – delivers the highest quality earnings. With large low-cost operations, plans to expand capacity significantly and strategic global investments, we have an unmatched ability to meet the needs of North America and growing offshore potash markets.
Potash First. It's a simple strategy – one that drives our business decisions and provides our best opportunity for long-term growth. With the greatest potential to grow volumes, realize higher prices and lower per-tonne fixed costs while reducing volatility, our potash business offers more earnings quality than other fertilizer nutrient businesses.
We prioritize choices that enhance our leading potash position, investing within and outside our company to best prepare for the opportunities that will arise as potash demand continues to increase. Our world-class phosphate and nitrogen businesses complement our Potash First strategy.
Our strategies within each nutrient segment are designed to use our competitive strengths to minimize volatility while maximizing margins:
Potash – match supply to market demand to minimize over-supply, a strategy we've followed for two decades.
Phosphate – optimize our product mix by using our high-quality rock to create the most profitable combination of fertilizer and less-cyclical feed and industrial products.
Nitrogen – leverage our lower-cost Trinidad natural gas contracts – which are linked to ammonia selling prices – to stabilize earnings and achieve cost advantages over US producers.
This document contains forward-looking statements. These statements can be identified by expressions of belief, expectation or intention, as well as those statements that are not historical fact. more