K + S Ag (KPLUF)

Description:

K+S AG was established in 1889. The Company is a supplier of speciality and standard fertilizers and a salt producer. Its three business units are: Potash and Magnesium products, Salt business and Complementary activities. The Potash and Magnesium Products business unit extracts potash and magnesium crude salts at six mines in Germany, which are further processed there and at a former mining site to create end products or intermediate products. The Potash and Magnesium Products business unit offers its customers fertilizers, products for industrial applications, high-purity potassium and magnesium salts for the pharmaceutical, cosmetics and food industries as well as intermediate products for the production of feed. It also supplies potassium chloride as a fine-grain "standard" product to the fertilizer industry, which processes it along with other nutrients to produce complex fertilizers. It supplies products for the chemical industry, for oil and gas exploration, and for people's health and nutrition. In the Salt business unit, the Company extracts and markets food grade salt, industrial salt, salt for chemical use and de-icing salt. The business unit comprises the sub-units ESCO - European Salt Company GMBH & Co. KG (ESCO), Hanover, whose activities are mainly focused on Europe, Chilean K+S CHILE S.A., , Santiago de Chile, with activities in South America and the United States, as well as MORTON SALT, INC., Chicago, one of the largest salt producers in North America. The Salt business unit offers its customers food grade salt, industrial salt, salt for chemical use and de-icing salt, which are all based on sodium chloride (common salt). In addition to disposal activities for underground disposal and reutilisation of waste in potash and rock salt mines, and the salt slag and building material recycling (waste management and recycling) granulation of animal hygiene products such as CATSAn and THOMAS, at the Salzdetfurth site.