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.[4] It has over 2,000 retail locations across North America, South America, and Australia with more than 23,500 employees.[5] It is listed on the Toronto Stock Exchange (symbol NTR) and New York Stock Exchange (symbol NTR), with a market capitalization of $34 billion as of January 2018.[5] It was formed through the merger of PotashCorp and Agrium, in a transaction that closed on January 1, 2018.[6]

Nutrien Ltd.
TypePublic company
S&P/TSX 60 Component
PredecessorsPotashCorp, Agrium
HeadquartersSaskatoon, Saskatchewan, Canada
Number of locations
1200 stores (2018)
Area served
Key people
Ken Seitz (President & CEO),[1] and Russ Girling (Executive Chair)
RevenueIncrease $27.71 billion (2021) [2]
$902 million (2020) [3]
Increase $3.18 billion (2021)
Total assetsIncrease $49.95 billion (2021)
Total equityIncrease $23.7 billion (2021)
Number of employees
23,500 (2021)
SubsidiariesAgrium, PotashCorp (PCS), Agrichem do Brasil S.A., Agrible, Inc., Actagro, Grupo TEC AGRO,
WebsiteOfficial website



PotashCorp and Agrium first proposed merging in September 2016. The merger was suggested in the context of low fertilizer prices, leading to the hope that a larger company will be better able to increase prices.[4] The new company also hopes to reduce costs through consolidation; it estimates that it will be able to decrease costs by $500 million USD.[7]

The transaction was originally expected to close in mid-2017, but was delayed to January 2018 because of regulatory hurdles; final regulatory approval from the United States Federal Trade Commission (FTC) was only received in December 2017. Based on the terms of the merger, former PotashCorp shareholders were given 52% of Nutrien, while Agrium shareholders were given 48%.[7] Agrium CEO Charles Magro became CEO of the new company, while PotashCorp CEO Jochen Tilk became Executive Chair.[5] Nutrien is based in Saskatoon, the former headquarters of PotashCorp, but it will maintain corporate offices in Calgary, the former headquarters of Agrium.

In May 2018, Nutrien announced it would sell to Tianqi Lithium a 24% stake in the Chilean mining company Sociedad Química y Minera (SQM) for approximately $4.1 billion.[8][9] Tianqi was to purchase 62.5 million SQM A shares for $65 each. Nutrien needed to satisfy the Chinese and Indian regulators because of concerns it would corner the potash market.[9][10][11] The sale closed on 5 December 2018.[12]

In February 2019, Nutrien, through its Australian subsidiary Landmark Operations[13] announced the proposed acquisition of Australian rural retail organization RuralCo.[14] The acquisition was finalized on October 1, 2019, after which Ruralco was delisted from the ASX.[15] After this acquisition, Nutrien now supplies 650 rural merchandise stores in Australia, or approximately 45% of all rural merchandise stores in Australia.[16]

In July 2022, Nutrien announced that it would acquire Brazilian retail fertilizer company Casa do Adubo, increasing its expansion in Latin America.[17]


Nutrien's main competitors include other potash, phosphate and nitrogen producers, such as The Mosaic Company, Yara International ASA, CF Industries Holdings Inc and K+S AG.

Carbon footprintEdit

Nutrien reported Total CO2e emissions (Direct + Indirect) for 31 December 2020 at 13,160 Kt (-220 /-1.6% y-o-y).[18]

Nutrien's Total CO2e emissions (Direct + Indirect) (in kilotonnes)
Dec 2018 Dec 2019 Dec 2020
14,240[19] 13,380[20] 13,160[18]


  1. ^ "Nutrien Announces Appointment of Mayo Schmidt as President and CEO".
  2. ^ "Nutrien Annual Report 2021".
  3. ^ "Nutrien Operating Income 2006-2021 | NTR".
  4. ^ a b "Potash and Agrium plan to merge and create $36B US agricultural colossus". CBC News. Retrieved January 3, 2018.
  5. ^ a b c "Nutrien Annual Report 2021".
  6. ^ "Merger of PotashCorp and Agrium finalized as shares in Nutrien start trading". CBC News. Retrieved January 3, 2018.
  7. ^ a b "Agrium, PotashCorp merger will 'impact the entire industry,' including thousands of farmers: prof". CBC News. Retrieved January 3, 2018.
  8. ^ Rashi, Akshat (May 30, 2018). "One Chinese company now controls most of the metal needed to make the world's advanced batteries". Quarts.
  9. ^ a b Swamynathan, Yashaswini; Nicholson, Marcy (May 17, 2018). "China's Tianqi Lithium to buy a quarter of Chile's SQM for $4.1 billion". Reuters. China's Tianqi Lithium Corp (002466.SZ) said on Thursday it will buy nearly a quarter of Chilean lithium producer SQM SQMa.SN for $4.1 billion, gaining it coveted access to a key ingredient in rechargeable batteries that power mobile phones and electric cars.
  10. ^ Epstein, Evan (October 10, 2018). "Proposed Settlement Does Not Solve U.S. Antitrust & Governance Concerns in $4.1B Lithium Saga". Medium.
  11. ^ Kreisle, Nicholas (July 2020). "Price Effects from the Merger of Agricultural Fertilizer Manufacturers Agrium and PotashCorp" (PDF). No. 345. US Federal trade Commission.
  12. ^ "Nutrien Closes the Sale of SQM A Shares to Tianqi Lithium". Berkshire Hathaway. Business Wire, Inc. December 5, 2018.
  13. ^ Landmark Operations
  14. ^ (ASX announcement)
  15. ^ (ASX announcement)
  16. ^ ACCC announcement
  17. ^ McGee, Niall (July 20, 2022). "Nutrien to acquire Brazilian fertilizer company Casa do Adubo in continued push into Latin America". The Globe and Mail. Retrieved July 20, 2022.
  18. ^ a b "Nutrien's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on August 19, 2021. Alt URL
  19. ^ "Nutrien's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on August 19, 2021. Alt URL
  20. ^ "Nutrien's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on August 19, 2021. Alt URL

External linksEdit