 |
|
| Type | Public company |
|---|---|
| Traded as | NYSE: MOS S&P 500 Component |
| Industry | Agriculture, Fertilizer |
| Founded | 2004 |
| Headquarters | Plymouth, Minnesota, United States |
| Key people | James T. Prokopanko (President and CEO)[1] |
| Products | Phosphate, Potash, Feed, K-Mag, Pegasus, MicroEssentials |
| Revenue | 6.7 billion (2010) |
| Website | mosaicco.com |
The Mosaic Company (NYSE: MOS) is a Fortune 500 company based in Plymouth, Minnesota. Mosaic offers two key crop nutrients—phosphate and potash—plus specialty products K-Mag®, MicroEssentials® and Pegasus™. The company is a part-owner of Canpotex, which manages all potash exporting from Saskatchewan.[2]
|
Contents
|
Overview
Mosaic is the world's largest producer of phosphate and second-largest producer of potash—two crop nutrients which are primary ingredients in producing fertilizer. The company's annual potash production capacity is 10.4 million tonnes, and its phosphate production capacity is 10.3 million tonnes. Mosaic employs approximately 7,500 people worldwide.
Launched October 25, 2004, Mosaic was formed by a merger between IMC Global, a fertilizer company formed in 1909, and Cargill's crop nutrition division. Its corporate headquarters is in Plymouth, outside Minneapolis, Minnesota. Mosaic operates in 10 countries and serves customers in more than 40 countries worldwide. It has port terminals, warehouses and blending and bagging facilities in nine countries and nine phosphate rock mines and plants and five potash production facilities.
- Chairman of the Board of Directors: Robert L. Lumpkins[1]
- Chief Executive Officer and President: James T. Prokopanko[1]
Potash
Mosaic is one of the largest potash producers in the world with 10.4 million tonnes in capacity and an expected capacity of approximately 17 million tonnes following completion of several expansion projects by 2020. In fiscal 2010, Mosaic’s production represented approximately 12 percent of global production and nearly 38 percent of North American production. Mosaic operates five potash mines, including the world’s largest in Esterhazy, Saskatchewan.
Phosphate
Mosaic is the world’s largest producer of finished phosphate products with an annual capacity greater than the next two largest producers combined. Mosaic’s U.S. production represents about 13 percent of global production and 56 percent of U.S. production.
Mosaic Stadium
Mosaic Stadium is a stadium in Regina, Saskatchewan. It is home to the CFL's Saskatchewan Roughriders. Mosaic Stadium is also known as Taylor Field.
Timeline
2011
- May: Mosaic and Cargill complete transaction to split-off and distribute Cargill's stake in Mosaic
- March: Mosaic recognized globally--for the second year in a row--in annual 100 Best Corporate Citizens List
- January: Mosaic and Cargill agree to split-off and orderly distribution of Cargill stake in Mosaic
2010
- March : Mosaic recognized globally in annual 100 Best Corporate Citizens List
2009
- October: Mosaic celebrates its fifth anniversary by providing one million meals around the world
2007
- January: Jim Prokopanko succeeds Fritz Corrigan as President and CEO of Mosaic
2006
- July: Jim Prokopanko named Mosaic Chief Operating Officer
2004
- October: The Mosaic Company launches as the world's second largest crop nutrition firm with the combination of the crop nutrition business of Cargill and IMC Global. The Mosaic Company (NYSE: MOS) begins trading as the newest Fortune 500-sized firm on the New York Stock Exchange
- June: Mosaic announced as name for the newly formed company
- January: The crop nutrition business of Cargill, Inc. and IMC Global Inc. enter into definitive agreement to form a new crop nutrition company
References
- ^ a b c Mosaic corporate leadership
- ^ "Canpotex Limited - Complete Profile". Industry Canada. 2009-06-18. http://www.ic.gc.ca/app/ccc/srch/nvgt.do?sbPrtl=&prtl=1&estblmntNo=123456011881&profile=cmpltPrfl&profileId=501&app=sold&lang=eng. Retrieved 2010-09-07.
External links
|
||||||||
|
|||||||||||
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article The Mosaic Company.
