Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

K+S rejects $8.7-billion takeover bid by Potash Corp.

Germany’s K+S AG rejected a $8.7-billion (U.S.) bid from Potash Corp of Saskatchewan, saying the offer was too low and “completely disregards” the value of its large potash project in Saskatchewan.

Potash Corp., the world’s biggest fertilizer producer, is increasingly facing more competition in Canada and abroad. Acquiring K+S would give the Canadian company control […]

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Canpotex to invest at Port of Portland terminal

Portland Bulk Terminals, where ILWU Local 8 members load potash for export.

Excerpts from a Port of Portland news release:

Canpotex, through its wholly owned subsidiary, Portland Bulk Terminals, L.L.C. (PBT), is investing up to $140 million in new equipment and infrastructure to improve the efficiency of its shiploading operations and the management of […]

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Potash Corp. names next CEO, brings Doyle era to a close

Potash Corp. of Saskatchewan Inc. Chief Executive Officer Bill Doyle, who fended off BHP Billiton Ltd.’s hostile takeover bid for the Canadian fertilizer producer only to later lose a price war with a Russian rival, will step down after almost 15 years.

He will be replaced in July by Jochen Tilk, the former CEO of […]

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Canadian National muscles in on Canadian Pacific’s potash deal

Canadian Pacific Railway Ltd. has lost its monopoly freight contract with potash marketing agency Canpotex Ltd., leaving Canadian National Railway Co in a position to muscle in on its rival’s territory over the next decade.

CN will transport potash from mines in Saskatchewan to a terminal in North Vancouver, but the railway is also considering […]

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Canpotex Potash Terminal Project in the works

The Canadian Environmental Assessment Agency is conducting a comprehensive study environmental assessment of the proposed Canpotex Potash Terminal Project located in British Columbia.

The summary report and more information on this project are available on the Agency’s website at www.ceaa-acee.gc.ca (registry reference number 09-03-47632).

Canpotex Terminals Limited and the Prince Rupert Port Authority […]

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Canadian National Railway guns for potash business

Canadian National Railway Co. is hoping efforts to improve customer service will help it crack a monopoly held by its rival, Canadian Pacific Railway Ltd., to ship most of the country’s potash.

Claude Mongeau, CN chief executive, said the railway showcased its new service improvements this winter when CP was unable to handle a sharp […]

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