28 August 2017

A Further Milestone Is Achieved

K+S Opens New Potash Port Facility In Vancouver

Today, K+S and partner Pacific Coast Terminals (PCT) will jointly celebrate the opening of a new potash handling and storage facility in Port Moody, one of Vancouver’s ports. Following the launch of production at the new K+S Bethune potash plant in June, this means a further important milestone has been reached.

“This potash loading facility, which is the most modern in the world, will play an important role in the success of our potash activities in Canada,” says Dr. Burkhard Lohr, Chairman of the K+S Board of Executive Directors. “Bethune will give us access to high-grade resources for generations and we will be shipping products to our customers all over the world from here.”

“We’re proud of the good cooperation with our partner, K+S Potash Canada, on this unique project,” says Lorne Friberg, President and CEO, Pacific Coast Terminals Co. Ltd.: “We look forward to working together in the future.”

The state-of-the-art K+S facility at the PCT site in the port of Vancouver includes an unloading station for freight cars, 1,260 meters of conveyor belts as well as a 263-meter-long shed for the storage of a total of 160,000 tonnes of potash products. Freight trains carrying 18,000 tonnes of products can be unloaded and ships with a capacity of 70,000 tonnes can be loaded at the facility’s quay.

“I would like to express my warm thanks to everyone who was involved in the construction of this impressive facility,” says Dr. Ulrich Lamp, President and CEO of K+S Potash Canada (KSPC).

The potash produced at the new K+S Bethune plant in Saskatchewan will be shipped to the new port facility in the west of Canada in freight trains that will be up to 3 kilometers long. The potash will then be unloaded, stored and loaded onto ships for shipment to customers, primarily in South America and Asia.

Note to editors

The latest press photos of the port facility as well as further information about the new potash plant in Bethune are available on the Internet here. It will also be possible to download photos of the opening ceremony on Tuesday, August 29, from 9 am
(CEST - German time), using the same link.

About K+S

K+S is an international resources company. We have been mining and processing mineral raw materials for more than 125 years. The products we produce from them are used worldwide in agriculture, food and road safety and are important elements in numerous industrial processes. Potash and salt are integral nutrients for the megatrend of a constantly growing and increasingly prosperous global population striving for a higher standard of living. This will result in increasing consumption of mineral resources. We serve the resulting growth in demand from production sites in Europe, North America and South America as well as through a global distribution network. K+S is the world’s largest salt producer and one of the top potash providers worldwide. With more than 14,000 employees, K+S achieved revenues in financial year 2016 of about € 3.5 billion and an EBIT of € 229 million. Learn more about K+S at www.k-plus-s.com.

Michael Wudonig

Spokesman

Phone: +49 561 9301 1262
michael.wudonig@k-plus-s.com

Michael Wudonig
Spokesman

Bertha-von-Suttner Str. 7
34131 Kassel
Germany

Phone: +49 561 9301 1262
Fax: +49 561 9301 1666
michael.wudonig@k-plus-s.com

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Lutz Grüten

Head of Investor Relations

Phone: +49 561 9301 1460
lutz.grueten@k-plus-s.com

Lutz Grüten
Head of Investor Relations

Bertha-von-Suttner Str. 7
34131 Kassel
Germany

Phone: +49 561 9301 1460
Fax: +49 561 9301 2425
lutz.grueten@k-plus-s.com

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