POTASH ORES MARKET ANALYSIS
Key Developments
Major players operating in the market are adopting several strategies such as mergers & acquisitions and marketing & promotional activities through attending seminars or exhibitions in order to maintain their position in the competitive business environment.
For instance, in February 2017, EvoEvogene Ltd., one of the leading companies engaged in the improvement of crop productivity and ICL Innovation, a subsidiary of ICL, entered into an R& D collaboration to produce crop enhancers in order to improve the nutrient use efficiency in certain crops
In June 2017, Potash Corporation, based in Saskatchewan, Canada, one of the world’s leading producer of fertilizer by capacity, announced the collaboration with Agrium to form Nutrien. Nutrien aims to become second leading producer of nitrogen fertilizer with operations in more than 18 countries with 20,000 employees globally.
In November 2019, Dmitry Osipov represented Uralkali, one of the leading potash producers in business program of the XII International Conference “Mineral Fertilizers-2019”.
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