K+S Aktiengesellschaft
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Bertha-von-Suttner-Str. 7 34131 Kassel, Germany Tel. +49-561-9301-0 Fax +49-561-9301-1666 |
Type: Public
On the web:
http://www.k-plus-s.com
Employees:
11,392
Employee growth: 3.4%
Salt has preserved K+S (for Kali und Salz) for more than a century. Founded in 1889 to mine salt, K+S gets more than 40% of its sales from potash, which is extracted from salt and used in fertilizers. The company also produces salt used for industrial purposes (such as making glass), as well as for deicing roads and cooking. K+S is Germany's top salt producer and supplies about 12% of the world's potash. In addition, the company runs facilities that recycle waste materials and provide underground waste disposal services. K+S has acquired COMPO (sport lawn and special crop fertilizers) from BASF and handles the sales and marketing of BASF's nitrogen fertilizer (fertiva). BASF owns about 10% of K+S.
Key numbers for fiscal year ending December, 2006:
Sales: $3,902.1M
One year growth: 17.0%
Net income: $357.7M
Income growth: 73.2%
Officers:
Chairman, Supervisory Board: Gerhard R. Wolf
Chairman, Board of Executive Directors: Norbert Steiner
Communications: Katja Seeger
Competitors:
Cargill
PotashCorp
Rohm and Haas
