IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

K+S CEO warns employees to prepare for more cost-cutting following collapse of potash cartel

6:57 AM MDT | August 30, 2013 | Natasha Alperowicz

Potash producer K+S (Kassel, Germany) has warned employees that it will shortly announce new cost-cutting proposals to cope with the decline in potash prices caused by the collapse of the Belaruskali-Uralkali export cartel. In a letter to employees headed “We are preparing ourselves for tougher times,” CEO of K+S Norbert Steiner says that new measures were needed on top of the existing efficiency improvement projects in order to maintain the profitability and liquidity of the company. “It will be necessary for all units to make a significant...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa