Across the world, farmers are increasing their crops by the day as the need for food skyrockets. As a result, fertilizer companies are becoming remarkably profitable businesses unlike in the past. Recently companies involved in the fertilizer business have become desirable bargains for discerning stock speculators seeking secure financial investments.
Rising yield prices continue to drive the demand for fertilizers hence keeping many of the fertilizer market players quite hectic. If what we have seen in the stock market is anything to go by then the fertilizer market has truly come of age. The following are top 10 largest fertilizer companies in the world in 2018.
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This is the largest Fertilizer Company both financially and physically in the world. The company mainly produces Potash fertilizers, and it accounts for over 60% of total potash production. PotashCorp has a lot of producing mines and facilities in the US. The company began in the 1950s and 1960s. It was a promising investment hence the US government granted a lot of subsidies to the company’s project. Through government subsidies, there was an overproduction of potash, and the company almost collapsed in the 1960s. The US government introduced an emergency plan set up price and quotas floor in 1969.
This is the leading company in the production of potash and phosphate fertilizer. The company’s primary objective is to help all farmers all over the world to achieve the best quality and yields from their farms. The Mosaic Company combine both marketing and production of potash and phosphate. Its customer base includes retail dealers wholesalers and individual growers in more than 40 countries. The company’s Headquarters are in Plymouth, Minnesota. The company employs about 9,000 people in over eight countries. It gets an annual revenue of $175.7 million and has over 273 employs.
The company is a result of merging of two great Russia companies. Uralkali focuses on exportation and production of Potash. Uralkali is known for having the highest number of employees in Russia. The company produces granular and standard potassium chloride (KCl) and supplies it to about 60 countries, with the significant markets including India, Brazil, Southeast Asia, China, Europe, Russia, and the USA. In the year 2016, the company manufactured 10.8 million tons of potash (KCl).
The company manufactures Verkhnekamskoye field of magnesium salts and potassium and its world’s second largest potash ore reserves. Uralkali total mineral reserves total about 8.2 billion tons. Uralkali holds the development licenses for the Polovodovsky and Ust-Yayvinsky ores at the Verkhnekamskoye field, which hold ore reserves of 3.074 and 1.291 billion tons respectively. The company also has the development license for the Romanovsky Block of the Verkhnekamskoye deposit with the approximated ores of 385 million tons of sylvinite ore.
The company focuses on Potash fertilizers and has been operating for the last century. The company continues to expand with more production and mines centers. They are known for supplying 1/7 of the world’s total potash fertilizers as they export to over 70 countries. Currently, the company has put production facilities on hold because the main production facilities are experiencing maintenance. According to Valery Kiriyenko, Belaruskali and BPC recognize their responsibility and will approach foreign markets in a very balanced manner.
This is a Norwegian chemical company. Yara International is a fertilizer concentrates on business. Their products mainly focus on better food production and agriculture. They are an internationally known trademark and also have different varieties of fertilizers at their disposal. The company mostly produces nitrogen fertilizer production is closely correlated with food production and agricultural productivity. However, it also encompasses the production of ammonia, urea, nitrates, and other nitrogen-based chemicals. The purpose of fertilizers in food creation is usually underrated. Plants use fertilizers for food, the same case we need nutrients and essential minerals healthy growth, for strong, so do the world’s crops.
The company is based in Morocco is one of the leading manufacturer of fertilizers in the world. OCP deals with deals with phosphates fertilizers, phosphate rock and phosphoric acid fertilizers. They have employed a human resource of about 20,000 people in their 4 mining sites. Today the company has a turnover of more than $5 billion.
7. CF Industries
The company is based in Deerfield, a suburb of Chicago. It was established in 1946 as the Farmers Fertilizer Company. For its initial 56 years, it was an organization of provincial farming supply cooperatives. CF then demutualized and turned into a traded on an open market team. The organization concentrates fundamentally on the generation of nitrogen fertilizer and also other nitrogen based merchandises for agriculture. For its initial 56 years, it was a league of local farming supply cooperatives. CF then demutualized and turned into a traded on an open market organization.
8. Israel Chemicals
The company is also called ICL; the company mainly focuses on creation and production of products like metals, Fertilizer, and other chemical compounds. Israel Chemicals focus on food, agriculture, and engineering production. Israel Chemicals is among the leading producers of Potash companies, a chemical found in the best quality fertilizer. Israel Chemicals has it’s headquarter are in Israel.
The company mostly focuses on agricultural services and products. Most of their merchandises concentrate on producing the best quality food in the quickest time possible. Most of their offices and production centres are found in the US. You’ll also find that they’ve expanded to Australia and several parts of Europe and South America.
The company has its headquarters in Germany. They have been in fertilizer business for the last century. K+S concentrate on refinement, worldwide shipping, and mining. They have production and sales sites in various parts of the world like Asia and North America.
Fertilizers are a key component to a farmer because they boost the yield and influenced the output of a farm. Farmers depend on it to maximize their harvest and boost the farm productivity. Here are the best companies in the world that manufacture the most quality fertilizer, so try check on their fertilizer next time you are at the agro vet.