The Mosaic Company (Florida) : The largest producer of potash and phosphate fertilizer in the United States

22-07-2020

(Uskings.us) The Mosaic Company is the world's leading integrated producer and marketer of concentrated phosphate and potash. They employ more than 13,000 people in six countries and participate in every aspect of crop nutrition development.

They mine and process phosphate and potash minerals into crop nutrients, and then ship via rail, barge and ocean-going vessel to their customers in the major agricultural centers of the world.

The work of mining and processing potash and phosphate minerals is an energy- and water-intensive endeavor. They work carefully to maximize efficiencies and minimize thier use of energy and natural resources, and have made significant progress in reducing Mosaic’s environmental footprint.

Mosaic is an important driver of economic activity in each of their operating communities. They strive to be a thoughtful and engaged neighbor, using thier financial resources, expertise and innovative spirit to demonstrate thier shared commitment to good corporate citizenship.

Mosaic is a young company rooted in history and experience. Recognized as innovators in thier field, this status owes much to the combined strengths of the crop nutrition business of Cargill, Inc. and IMC Global Inc., their founding companies. Each of these companies has been recognized as worldwide leaders in the crop nutrition industry for decades. In 2014, Mosaic completed its acquisition of the phosphate business of CF Industries, Inc., and Archer Daniels Midland Company's fertilizer distribution business in Brazil and Paraguay. In 2018, Mosaic completed its acquisition of Vale Fertilizantes from Vale S.A. and became one of the leading fertilizer producer and distributor in Brazil.

IMC Global dates back to 1909, when entrepreneur Thomas Meadows became involved in the phosphate mining business. In 1940, the company mined 50,000 tonnes of potash from its Carlsbad, N.M., plant. IMC Global mined approximately 1.7 million tonnes in the same location in 2003, helping the company earn $2.2 billion in revenue.

A grain backhaul opportunity launched the crop nutrition business of Cargill in the 1960s. Product was needed to fill empty barges to make a profitable roundtrip, so Cargill — already a leading agribusiness company — entered the crop nutrition business. From there, the division grew to be one of the world's top producers of phosphate and nitrogen fertilizer.

According to mosaicco


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