print | close

Glossary of Terms

2008E

2008 Estimated

2009F

2009 Forecast

CAGR

Compound Annual Growth Rate

Canpotex

An export company owned by all Saskatchewan producers of potash (PotashCorp, Mosaic and Agrium)

CDN

Canadian dollars

Constructed Capacity

Equipment in a state of readiness to produce. While constructed capacity is increased at mechanical completion of a project, a period of ramp-up may be required to achieve full operating levels

FOB

Free on Board – cost of goods on board at point of shipment

FSU

The former Soviet Union

GDP

Gross Domestic Product

Greenfield

New operation built on undeveloped site

Latin America

South America, Central America, Caribbean and Mexico

LNG

Liquefied Natural Gas

MMBtu

Million British thermal units

MMT

Million tonnes

MT

Tonne

North America

The North American market includes Canada and the United States

Offshore

Offshore markets include all markets except Canada and the US

PhosChem

An association formed under the Webb-Pomerene Act for US exports of phosphate fertilizer products. Members are PotashCorp and Mosaic. PCS Sales is responsible for export sales of liquid fertilizers for all PhosChem members while Mosaic is responsible for sales of solid fertilizers for members.

PotashCorp

Potash Corporation of Saskatchewan Inc. (PCS) and its direct or indirect subsidiaries, individually or in any combination, as applicable

Shipments

Imports plus domestic producer sales

State- or Subsidy- Controlled Production

State-controlled: Operational control in the hands of the state
Subsidy-controlled: The state provides subsidies which control the economic viability of the operation

Scientific Terms

Nitrogen

NH3

ammonia (anhydrous), 82.2% N

HNO3

nitric acid, 22% N (liquid)

UAN

nitrogen solutions, 28-32% N (liquid)

Phosphate

P2O5

phosphoric acid (liquid)

MGA

merchant grade acid, 54% P2O5 (liquid)

DAP

diammonium phosphate, 46% P2O5 (solid)

MAP

monoammonium phosphate, 52% P2O5 (solid)

SPA

superphosphoric acid, 70% P2O5 (liquid)

Monocal

monocalcium phosphate, 48.1% P2O5 (solid)

Dical

dicalcium phosphate, 42.4% P2O5 (solid)

MCP

monocalcium phosphate, 48.1% P2O5 (solid)

DCP

dicalcium phosphate, 42.4% P2O5 (solid)

DFP

defluorinated phosphate, 41.2% P2O5 (solid)

STF

Silicon tetrafluoride

Potash

KCl

potassium chloride, 60-63.2% K2O (solid)

Fertilizer Measures

K2O tonne

Measures the potassium content of fertilizers having different chemical analyses

P2O5 tonne

Measures the phosphorus content of fertilizers having different chemical analyses

N tonne

Measures the nitrogen content of fertilizers having different chemical analyses

Product tonne

Standard measure of the weights of all types of potash, phosphate and nitrogen products

Currency Abbreviations

CDN

Canadian dollars

EUR

Euro

NOK

Norwegian krone

RUB

Russian ruble

USD

United States dollar