Question

Describe The nutrien company in detail.

Answer 1

Nutrien Ltd. Nutrien is a Canadian fertilizer company based in Saskatoon, Saskatchewan. It is the largest producer of potash and the third largest producer of nitrogen fertilizer in the world. It has 1,500 retail stores and more than 20,000 employees.

At Nutrien, our purpose is to grow our world from the ground up. As the world's largest provider of crop inputs, services and solutions, Nutrien plays a critical role in feeding the future by helping growers to increase food production in a sustainable manner.

Nutrien produces and distributes over 25 million tonnes of potash, nitrogen and phosphate products for agricultural, industrial and feed customers globally. Combined with its leading agriculture retail network that services over 500,000 growers worldwide, we are well positioned to create value for our stakeholders.

Key Success Factors

Securing access to high-quality deposits in a country with both political stability and infrastructure availability can present significant challenges to building new potash capacity. In addition, the extensive time and cost of building greenfield capacity provides a significant advantage to producers with the capability to expand production from existing facilities. The most recent greenfield projects are estimated to have a cost of $2,300 to $2,700 per tonne of capacity with a seven- year timeline to commercial production.