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From Wikipedia, the free encyclopedia

Nutrien Ltd.
Public company
Traded asTSXNTR
S&P/TSX 60 Component
HeadquartersSaskatoon, Saskatchewan, Canada
Number of locations
1200 stores (2018)
Area served
Key people
Charles Magro (President, CEO, and Executive Chair)
Number of employees
20,000 (2018)
SubsidiariesAgrium and Potash Corporation of Saskatchewan
WebsiteOfficial website

Nutrien is a Canadian fertilizer company based in Saskatoon, Saskatchewan. It is the largest producer of potash and the second largest producer of nitrogen fertilizer in the world.[1] It has 1,500 retail stores and more than 20,000 employees.[2] It is listed on the Toronto Stock Exchange (symbol NTR) and New York Stock Exchange (symbol NTR), with a market capitalization of $34 billion as of January 2018.[2] It was formed through the merger of PotashCorp and Agrium, in a transaction that closed on January 1, 2018.[3]

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  • ✪ Nutrien: What Is Potash?
  • ✪ Nutrien - Earth
  • ✪ Nutrien Potash Facility Tour


Potash is an essential crop nutrient, one that contributes to improved crop yield all over the world. Farmers in every major growing region know that applying potash is a necessary part of protecting and restoring the fertility of their soils. Potash is the common name for natural salts that contain potassium and is mined from underground deposits left behind by sea beds that evaporated millions of years ago. The raw ore is usually pink or red, a color that comes from an iron-like mineral called hematite. We convert the raw ore to a form that can be absorbed by plants, most commonly, as potassium chloride or KCl. Saskatchewan, in the heart of the Canadian prairies, is home to a significant portion of the world's potash deposits with large, horizontal ore beds 1,000 to 3,000 meters below ground. Nutrien operates a number of large-scale facilities that access these ore beds, making us the world's largest potash producer. Saskatchewan's potash deposits are among the highest quality on the planet, and typically contain about 40% potash, 5% clay and 55% sodium chloride - you call that table salt. We extract the potassium and prepare it for use on crops grown all over the world. It's what plants need, it's what farmers need, and it's an important part of how Nutrien is able to grow our world from the ground up.



PotashCorp and Agrium first proposed merging in September 2016. The merger was suggested in the context of low fertilizer prices, leading to the hope that a larger company will be better able to increase prices.[1] The new company also hopes to reduce costs through consolidation; it estimates that it will be able to decrease costs by $500 million USD.[4]

The transaction was originally expected to close in mid-2017, but was delayed to January 2018 because of regulatory hurdles; final regulatory approval from the United States Federal Trade Commission was only received in December 2017.

Based on the terms of the merger, former PotashCorp shareholders were given 52% of Nutrien, while Agrium shareholders were given 48%.[4] Agrium CEO Charles Magro became CEO of the new company, while PotashCorp CEO Jochen Tilk became Executive Chair.[2] Nutrien is based in Saskatoon, the former headquarters of PotashCorp, but it will maintain corporate offices in Calgary, the former headquarters of Agrium.


Nutrien, through its Australian subsidiary Landmark Operations [5] announced the proposed acquisition of Australian rural retail organization RuralCo [6] on February 27, 2019. The acquisition was finalized on October 1, 2019, after which Ruralco was delisted from the ASX. [7] After this acquisition, Nutrien now supplies 650 rural merchandize stores in Australia, or approximately 45% of all rural merchandize stores in Australia. [8]


Nutrien's main competitors include other potash, phosphate and nitrogen producers, such as The Mosaic Company, Yara International ASA, CF Industries Holdings Inc and K+S AG.


  1. ^ a b "Potash and Agrium plan to merge and create $36B US agricultural colossus". CBC News. Retrieved 2018-01-03.
  2. ^ a b c "Nutrien shares start trading on TSX and NYSE after Agrium, PotashCorp merger". Global News. Retrieved 2018-01-03.
  3. ^ "Merger of PotashCorp and Agrium finalized as shares in Nutrien start trading". CBC News. Retrieved 2018-01-03.
  4. ^ a b "Agrium, PotashCorp merger will 'impact the entire industry,' including thousands of farmers: prof". CBC News. Retrieved 2018-01-03.
  5. ^ Landmark Operations
  6. ^ (ASX announcement)
  7. ^ (ASX announcement)
  8. ^ ACCC announcement

External links

This page was last edited on 8 October 2019, at 22:17
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