Question

In: Accounting

describe main competitors of the Nutrien company. and how this company compare them strategically.

describe main competitors of the Nutrien company. and how this company compare them strategically.

Solutions

Expert Solution

Nutrein's main competitors are Agrium, Belaruskali, ICL, Intrepid, SQM, Uralkali, The Mosaic Company, Yara International ASA, CF Industries Holdings Inc & K+S AG.

They're also in the potash, phosphate and nitrogran production business.

Nuterin is currently the largest producer potash in the world. It mainly expands it's market through merger & acquisition. Nuterin's recent major M&A was with RuralCo, Australia's rural retail organization which has helped it to cover almost 45% of the rural merchandize stores in Australia.

It's main strategies are as follows:

  • outperformed it's competitors on quality, reliability & service
  • competitive pricing
  • competitive compensation to employees
  • decades of high-quality, permitted potash reserves in a stable region with well established infrastructure
  • it's main product Canpotex is widely distributed in approximately 35 countries around the world.
  • largest producer of potash in the world with platform for lower cost & growth

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