Nutrien

Potash Emerges as an Important Component for Global Food Production

Retrieved on: 
Tuesday, August 15, 2023

NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Potash is used in a wide variety of areas and most commonly refers to a group of potassium-rich minerals and chemicals. It is the vital ingredient to produce fertilizer and is widely used in the agricultural industry to boost crop yields and support plant growth. The most common type of potash is Muriate of Potash (MOP) derived from potassium chloride (KCI). It accounts for approximately 95% of the global agricultural potash. Potash also helps to improve the quality of crops by enhancing their flavor, color, and texture. As a result, the market value projections for potash are positive, with the global demand for potash expected to increase due to the growing population and the need for increased food production. Overall, according to data published by the Business Research Company, the global potash market size will grow from USD 22.04 Billion in 2022 to USD 23.03 Billion in 2023, while at a compound annual growth rate (CAGR) of 4.5%. Sage Potash Corp. (TSX-V: SAGE), The Mosaic Company (NYSE: MOS), Intrepid Potash, Inc. (NYSE: IPI), Nutrien Ltd. (NYSE: NTR), ICL Group Ltd. (NYSE: ICL)

Key Points: 
  • The most common type of potash is Muriate of Potash (MOP) derived from potassium chloride (KCI).
  • As a result, the market value projections for potash are positive, with the global demand for potash expected to increase due to the growing population and the need for increased food production.
  • "The disruption at the Port of Vancouver has resulted in the curtailment of production at our Cory potash mine and if prolonged could also impact production at our other potash mines in Saskatchewan.
  • ICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity's sustainability challenges in the food, agriculture and industrial markets.

Nutrien Declares Quarterly Dividend of US$0.53 per Share

Retrieved on: 
Wednesday, August 2, 2023

Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.53 per share payable on October 13, 2023, to shareholders of record on September 29, 2023.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.53 per share payable on October 13, 2023, to shareholders of record on September 29, 2023.
  • However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable.
  • In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.
  • All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends.

ETQ Builds Strong Momentum in Second Quarter as More Global Businesses Embrace Quality Management to Improve Business Outcomes

Retrieved on: 
Monday, July 31, 2023

BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- ETQ, part of Hexagon, today announced that it has continued its growth trajectory and achieved strong momentum in the second quarter of 2023, underscoring the positive impact that quality management is having on business outcomes. Among the highlights, the company released new product features of its ETQ Reliance NXG cloud-native quality management system (QMS), expanded its customer base, showcased the innovation excellence of some of its key customers, and increased its presence at leading industry forums.

Key Points: 
  • During the second quarter, ETQ released updates to its award-winning ETQ Reliance NXG® cloud-native quality management system (QMS).
  • In the second quarter, several long-time customers such as Keurig Dr Pepper, Pentair, SkyWater Technology and Emerson expanded their investments in ETQ Reliance.
  • ETQ hosted and participated in several industry events during the second quarter to showcase how quality management can be leveraged to reduce risk, achieve compliance and improve operational excellence.
  • ETQ was featured in several industry journals during the quarter, including Machine Design , Quality Magazine , Forbes and Today's Medical Developments .

ETQ Builds Strong Momentum in Second Quarter as More Global Businesses Embrace Quality Management to Improve Business Outcomes

Retrieved on: 
Monday, July 31, 2023

BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- ETQ, part of Hexagon, today announced that it has continued its growth trajectory and achieved strong momentum in the second quarter of 2023, underscoring the positive impact that quality management is having on business outcomes. Among the highlights, the company released new product features of its ETQ Reliance NXG cloud-native quality management system (QMS), expanded its customer base, showcased the innovation excellence of some of its key customers, and increased its presence at leading industry forums.

Key Points: 
  • During the second quarter, ETQ released updates to its award-winning ETQ Reliance NXG® cloud-native quality management system (QMS).
  • In the second quarter, several long-time customers such as Keurig Dr Pepper, Pentair, SkyWater Technology and Emerson expanded their investments in ETQ Reliance.
  • ETQ hosted and participated in several industry events during the second quarter to showcase how quality management can be leveraged to reduce risk, achieve compliance and improve operational excellence.
  • ETQ was featured in several industry journals during the quarter, including Machine Design , Quality Magazine , Forbes and Today's Medical Developments .

Greater Philadelphia Scale Up Pitch Challenge Finalists Announced: Rush Roto, Biolattice, and Ecotour to Compete for Top Spot in NBMBAA Program

Retrieved on: 
Saturday, July 29, 2023

PHILADELPHIA, July 29, 2023 /PRNewswire-PRWeb/ -- The Greater Philadelphia Scale Up Pitch Challenge, a program of the National Black MBA Association (NBMBAA), has reached its next stage as the semi-finalists are unveiled. Rush Roto, Biolattice, and Ecotone Renewables, led by their visionary leaders Chris Morris, Amelia Zellaander, and Kyle Wyche, respectively, have emerged as the top contenders in this highly competitive event.

Key Points: 
  • PHILADELPHIA, July 29, 2023 /PRNewswire-PRWeb/ -- The Greater Philadelphia Scale Up Pitch Challenge, a program of the National Black MBA Association (NBMBAA), has reached its next stage as the semi-finalists are unveiled.
  • "We are thrilled to see the exceptional talent and innovation displayed by Rush Roto, Biolattice, and Ecotour," said Robin Edwards, Senior Program Manager, Strategic Programming Initiatives for the NBMBAA.
  • The final round of the Scale Up Pitch Challenge promises to be an exhilarating showcase of ingenuity and creativity.
  • Application submission for the FedEx® 2023 Scale-Up Pitch Challenge is currently open, and closes on August 4, 2023.

Potash Fertilizers Market Size Expected To Reach $41 Billion By 2030 as Demand Explodes

Retrieved on: 
Wednesday, July 12, 2023

PALM BEACH, Fla., July 12, 2023 /PRNewswire/ -- Potash fertilizers help in the overall improvement of plant quality and also increases its shelf life. Potassium is a vital soil element and is one of the key members of the NPK fertilizer family. Natural potassium does not exist in the environment since it responds aggressively to water. Fertilizer potassium is at times called "potash", a term that originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030. The report said: "In the production of food, potassium is eliminated from the soil in the crops that are harvested and should be replaced keeping in mind the end goal to keep up the crop growth in the future. It also helps to enhance crop yield, improvise taste, and further helps plants to resist diseases. Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables. In terms of form, potash fertilizers are present in liquid & solid forms." Active companies in the markets this week include Millennial Potash Corp. (OTCQB: MLPNF) (TSX-V: MLP), The Mosaic Company (NYSE: MOS), Gensource Potash Corporation (OTCPK: AGCCF) (TSX-V: GSP), Intrepid Potash, Inc. (NYSE:IPI), Nutrien Ltd. (NYSE: NTR) (TSX: NTR).

Key Points: 
  • A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030.
  • Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables.
  • The potash fertilizer required depends on the type of crops developed because potassium take-up changes between crops and different soils.
  • The significant growth trend of the global population indicates an increasing demand for food, and in turn, would drive the demand for potash for the production of fertilizers."

Potash Fertilizers Market Size Expected To Reach $41 Billion By 2030 as Demand Explodes

Retrieved on: 
Wednesday, July 12, 2023

 PALM BEACH, Fla., July 12, 2023 /PRNewswire/ -- Potash fertilizers help in the overall improvement of plant quality and also increases its shelf life. Potassium is a vital soil element and is one of the key members of the NPK fertilizer family. Natural potassium does not exist in the environment since it responds aggressively to water. Fertilizer potassium is at times called "potash", a term that originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030. The report said: "In the production of food, potassium is eliminated from the soil in the crops that are harvested and should be replaced keeping in mind the end goal to keep up the crop growth in the future. It also helps to enhance crop yield, improvise taste, and further helps plants to resist diseases. Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables. In terms of form, potash fertilizers are present in liquid & solid forms." Active companies in the markets this week include Millennial Potash Corp. (OTCQB: MLPNF) (TSX-V: MLP), The Mosaic Company (NYSE: MOS), Gensource Potash Corporation (OTCPK: AGCCF) (TSX-V: GSP), Intrepid Potash, Inc. (NYSE:IPI), Nutrien Ltd. (NYSE: NTR) (TSX: NTR).

Key Points: 
  • A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030.
  • Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables.
  • The potash fertilizer required depends on the type of crops developed because potassium take-up changes between crops and different soils.
  • The significant growth trend of the global population indicates an increasing demand for food, and in turn, would drive the demand for potash for the production of fertilizers."

Nutrien Announces Potash Production Curtailments Due to Port of Vancouver Strike

Retrieved on: 
Tuesday, July 11, 2023

Nutrien Ltd. (TSX and NYSE: NTR) announced today that it has curtailed production at its Cory potash mine due to the loss of export capacity through Canpotex’s Neptune terminal as a result of the International Longshore and Warehouse Union (ILWU) Canada strike at the Port of Vancouver.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today that it has curtailed production at its Cory potash mine due to the loss of export capacity through Canpotex’s Neptune terminal as a result of the International Longshore and Warehouse Union (ILWU) Canada strike at the Port of Vancouver.
  • Nutrien expects full-year 2023 Potash adjusted EBITDA will fall below the bottom end of its previous guidance range due to factors impacting offshore sales through Canpotex, including the ILWU strike, Portland terminal outage and lower global potash prices than previously anticipated.
  • We will provide updated full-year 2023 guidance reflecting these impacts at the time of our second quarter results on Wednesday, August 2, 2023.
  • “The disruption at the Port of Vancouver has resulted in the curtailment of production at our Cory potash mine and if prolonged could also impact production at our other potash mines in Saskatchewan.

ZYUS Life Sciences Strengthens Board of Directors with the Appointment of Wayne Brownlee

Retrieved on: 
Thursday, June 29, 2023

ZYUS Life Sciences Corp. ("ZYUS" or the “Company”) (TSX-V: ZYUS), a Canadian-based life sciences company leading scientific research and global development of innovative cannabinoid-based pharmaceutical drug products, is pleased to announce that Wayne Brownlee, former Vice-President and Chief Financial Officer (“CFO”) of both Potash Corporation of Saskatchewan Inc. (“PotashCorp”) and Nutrien Ltd. (“Nutrien”), has agreed to accept an appointment to ZYUS’ Board of Directors.

Key Points: 
  • ZYUS Life Sciences Corp. ("ZYUS" or the “Company”) (TSX-V: ZYUS), a Canadian-based life sciences company leading scientific research and global development of innovative cannabinoid-based pharmaceutical drug products, is pleased to announce that Wayne Brownlee, former Vice-President and Chief Financial Officer (“CFO”) of both Potash Corporation of Saskatchewan Inc. (“PotashCorp”) and Nutrien Ltd. (“Nutrien”), has agreed to accept an appointment to ZYUS’ Board of Directors.
  • Mr. Brownlee brings a wealth of knowledge, experience and expertise to his new role with ZYUS.
  • In 1989, Mr. Brownlee joined PotashCorp when it was a Crown corporation and was a catalyst for the expansion and development throughout its acquisition activity.
  • “We are extremely pleased to welcome Wayne Brownlee to ZYUS’ Board of Directors,” said Brent Zettl, President and Chief Executive Officer of the Company.

Nutrien Announces Release Dates for Second Quarter 2023 Results and Conference Call

Retrieved on: 
Wednesday, June 28, 2023

Nutrien Ltd. (TSX and NYSE: NTR) announced today plans to release second quarter earnings results on Wednesday, August 2, 2023, after market close.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today plans to release second quarter earnings results on Wednesday, August 2, 2023, after market close.
  • Nutrien will host a conference call the following day, Thursday, August 3, 2023 at 10:00 a.m. EDT to discuss and answer investor questions on second quarter results and the outlook.
  • A webcast of the conference call can be accessed by visiting Nutrien’s website, https://www.nutrien.com/investors/events .
  • A recording of the conference call will be available after the completion of the call by dialing 1-877-674-7070 and inputting the conference identification number 043533#.