Canpotex

Canadian potash exporting and marketing firm


title: "Canpotex" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["companies-based-in-saskatoon", "transport-companies-of-canada"] description: "Canadian potash exporting and marketing firm" topic_path: "sports" source: "https://en.wikipedia.org/wiki/Canpotex" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Canadian potash exporting and marketing firm ::

::data[format=table title="Infobox company"]

FieldValue
nameCanpotex Limited
logoCanpotex logo.svg
logo_size200px
typePrivate
foundation
location_citySaskatoon, Saskatchewan
location_countryCanada
area_servedWorldwide
key_peopleGordon McKenzie President and Chief Executive Officer
industryExporting and marketing
productsPotash
ownerThe Mosaic Company, and Nutrien Ltd.
num_employees135 (2022)
homepagewww.canpotex.com
footnotes
::

| name = Canpotex Limited | logo = Canpotex logo.svg | logo_size = 200px | caption = | type = Private | genre = | fate = | predecessor = | successor = | foundation = | founder = | defunct = | location_city = Saskatoon, Saskatchewan | location_country = Canada | location = | locations = | area_served = Worldwide | key_people = Gordon McKenzie President and Chief Executive Officer | industry = Exporting and marketing | products = Potash | services = | revenue = | operating_income = | net_income = | aum = | assets = | equity = | owner = The Mosaic Company, and Nutrien Ltd. | num_employees = 135 (2022) | parent = | divisions = | subsid = | homepage = www.canpotex.com | footnotes = | intl = Canpotex, short for Canadian Potash Exporters , is a Canadian potash exporting and marketing firm, incorporated in 1970 and operating since 1972.

Canpotex is the world's largest exporter of potash, selling over 13 million tonnes of potash every year, representing about one-third of global capacity. The global potash market was considered a duopoly between Canpotex and Belarusian Potash Company (BPC), a similar consortium which exported Belarusian (Belaruskali) and Russian potash (Uralkali); until the BPC marketing venture failed in 2013, the two collectively controlled 70% of global potash exports.

History

Canpotex's predecessor was Canada's Potash Conservation Board. The Board was established in 1969, which was a time when prices were dropping significantly in the North American potash market, and the Board's goal was to limit production and establish minimum prices.

Member producers

Canpotex is wholly owned by its two Shareholders:

Facilities

::figure[src="https://upload.wikimedia.org/wikipedia/commons/2/2e/Canpotex_train_in_BC.JPG" caption="CPR]] lines, in dedicated [[covered hopper]] railway cars"] ::

::figure[src="https://upload.wikimedia.org/wikipedia/commons/b/b6/SRM-West.jpg" caption="Canpotex cylindrical hopper on display at the [[Saskatchewan Railway Museum]]."] ::

Canpotex has commissioned over 8,000 specialized covered hopper cars for inland transportation of potash from landlocked Saskatchewan to ports, and operates solely on Canadian Pacific Railway lines. In 2011, Canpotex started on the construction of a new $55 million rail car maintenance yard near the town of Lanigan, Saskatchewan used to perform maintenance and manage the inventory of railcars.

The majority of its potash is shipped overseas to Asian, Latin American, and Oceanic markets through Neptune Terminals, partly owned by Canpotex, in North Vancouver, British Columbia. Since 1997, Canpotex has additionally exported through Portland Terminals (owned by Canpotex and operated by Kinder Morgan) in Portland, Oregon.

Ships

Canpotex has committed $900 million to the manufacture of 15 cargo vessels. The first of these vessels, the U-Sea Saskatchewan, built as a joint venture with Ultrabulk received its first load of 58,000 metric tons of potash in the Port of Vancouver in November 2010. The U-Sea Saskatchewan was built by Imabari Shipbuilding of Japan and is capable of carrying 60,000 metric tons. Other ships include the Ultra Colonsay.

References

References

  1. (2017-03-16). "Canpotex Limited - Complete Profile". Industry Canada.
  2. "Our Potash Markets". Canpotex.
  3. Ogg, John C.. (2008-04-16). "Canpotex Owners Surge On Potash Price Hikes For China". MarketWatch.
  4. Buow, Brenda. (2010-08-24). "Canpotex fate spurs closer look at Potash Corp. takeover". The Globe and Mail.
  5. (2010-08-24). "Analysis: Possible change in potash pricing worries China". Reuters.
  6. Massot, Pascale. (2024). "China's Vulnerability Paradox: How the World's Largest Consumer Transformed Global Commodity Markets". [[Oxford University Press]].
  7. [https://www.canpotex.com/sites/default/files/inline-files/22-070_ESG%20Book_digital.pdf]2023 Canpotex ESG Report
  8. [https://www.canpotex.com/sites/default/files/inline-files/22-070_ESG%20Book_digital.pdf]2023 Canpotex ESG Report
  9. "Inland Transportation". Canpotex.
  10. (2010-06-10). "Canpotex Submission to the Canadian Transportation Agency with respect to the Review of the Railway Interswitching Regulations". Canpotex.
  11. (2011-04-19). "Canpotex to build repair facility in Saskatchewan for rail cars carrying potash". [[CFSK-TV.
  12. "The Market". Canpotex.
  13. "Terminal Operations". Canpotex.
  14. "Handling & Delivery". Canpotex.
  15. [http://www.canpotex.com/ Press Release November, 19, 2010]
  16. "Arrival in Port of Vancouver".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

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