Potash and Magnesium Products Business Unit

The Potash and Magnesium Products business unit includes K+S KALI GmbH with its subsidiaries as well as K+S Potash Canada GP. The 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. Furthermore, the business unit has three processing sites in France. In May 2017, K+S celebrated the opening of its new potash mine in Canada. A five-year construction phase has been successfully completed and the first tonnes of marketable potash were already produced in June 2017. In the long term, Bethune will reach an annual production capacity by at least 2.86 million tonnes. The overall annual production capacity is currently about 9 million tonnes of potash and magnesium products.

Unique mix of raw materials

K+S is the fifth largest potash producer in the world, the largest supplier in Western Europe, and, in 2017, enjoyed a share of about 8% in global potash sales volumes. With Bethune K+S has become a potash producer with production sites on two continents. On the basis of the globally unique mix of raw materials of the German deposits – they contain not only potassium but also magnesium and sulphur – the Potash and Magnesium Products business unit has a range of products more diverse than that offered by any other potash producer in the world. It offers its customers fertilizers with special plant nutritions, products for industrial applications, high-purity potassium and magnesium salts for the pharmaceutical, cosmetics and food industries as well as pre-products for the production of feed.

 

Key figures   2017 2016
Revenues € million 1,703.5 1,531.6
Earnings before interest, taxes, depreciation and amortisation (EBITDA) € million 268.8 184.8
Operating earnings (EBIT I) € million 81.4 33.6
Capital expenditure € million 680.4 1,009.8
Employees as of 31.12. number 8,708 8,502

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