agrium potash say to merge into 36billion crop fertilizer giant
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Agrium, Potash say to merge into $36-billion crop fertilizer giant

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Arab Today, arab today Agrium, Potash say to merge into $36-billion crop fertilizer giant

Jochen Tilk, president and CEO of PotashCorp.
New York - Arab Today

Agrium Inc and its rival Potash Corp said on Monday they had agreed to merge to create a $36-billion global crop fertilizer behemoth.

The new company will combine potash, nitrogen and phosphate production with a global distribution network, employing just under 20,000 people, and is to generate $500 million in savings from joint operations, a joint statement said.

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