PotashCorp

Company Description PotashCorp is the worlds largest fertilizer opening move; producing and marketing the three primary plant nutrients- potash, nitrogen and inorganic phosphate. It was launched by the state of Saskatchewan in 1975, and in November 1989, it became a publicly traded company. The company produces in Canada, in addition, their phosphate and feed supplements set about from the joined States and Brazil, temporary hookup their nitrogen is produced in the United States and Trinidad. Currently, the corporation sells their products to over 50 countries. PotashCorps main focus, in keeping with its name, is potash, which gives the highest gross perimeter per dollar of sales. PotashCorp mines potash from vacuum tube deposits, which were left behind by evaporated oceans millions of years ago. The worlds largest deposits ar found in Saskatchewan. It is use to improve p arntage strength, help plants fight stress, sickness and injury and enhance the attribute of crops. In addition it rear end be used in feed, and for industrial purposes, such as in computer and TV screens, soaps, de-icers and water softeners. Nitrogen and phosphate are alike used for fertilizer, feed and industrial needs; and are synthesized from occupation using steam and natural gas, and exploit from deposits containing ancient sea fossils, respectively.

Factors That Have Contributed to the Success of PotashCorp A secernate factor which has contributed to the achievement of PotashCorp is the business of selling potash itself; it has numerous advantages. Firstly, the probability of a great d eal of future controversy is low. This is p! artially due(p) to the fact that the barriers to enter production are high. The mathematical operation is costly and has a long lead condemnation; companies considering new mines in Saskatchewan and elsewhere face capital cost estimated at $2.5 billion, and the process could take up to seven years. In addition, good deposits are rare, and 50% of the worlds potash is in Canada. The necessity for potash and other nutrients is much higher...If you require to get a full essay, order it on our website: OrderCustomPaper.com

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