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Chemical Week Magazine :: Viewpoint
Fertile M&A Ground
8:32 AM MDT | August 20, 2010 | Robert Westervelt
Demand for fertilizers, and the assets that make them, continue to surge in 2010. BHP Billiton (Melbourne, Australia), the world’s biggest mining company, has launched a $38.6-billion hostile bid to acquire Potash Corp. of Saskatchewan (PotashCorp), the world’s biggest fertilizer company (p. 6). Population growth and increasing wealth in the developing world will increase demand for protein and higher quality foods dependent on potash. Strains on land available for agriculture are also driving the need for greater yields per acre. “We must grow...
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