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K+S increased revenues for the third quarter by 8 % to € 905 million. EBITDA doubled in the same period to € 81 million. Higher prices and increased sales volumes in the Agriculture customer segment were decisive for the positive development.

The favorable geological conditions of the Bernburg salt deposit allow it to be used for a variety of purposes. It began in 1884 with the extraction of brine, was soon supplemented by conventional mining, and has been using excavated caverns for energy storage for 50 years. The liquid gas storage facility at the Bernburg salt mine, located in two caverns of the Gnetsch brine field, can now look back on 50 years of successful operation.

K+S has enhanced its corporate design. The company is creating a new corporate framework for operating and acting as "One K+S". All in line with the Shaping 2030 strategy.

K+S has taken a further step on the way to becoming "One K+S": The subsidiaries K+S KALI GmbH and esco - european salt company GmbH & Co. KG, have now been merged into one company under the new name of K+S Minerals and Agriculture GmbH. K+S already merged its disposal and logistics activities into K+S KALI GmbH in July. To think and act as one company follows the new corporate strategy Shaping 2030.

On October 28, 1919, the systematic research into the extraction and processing of potash salts - at that time a very "young" raw material - began with the founding of a potash research institute in Staßfurt. With the Analytics and Research Center (AFZ) in Unterbreizbach, Thuringia, K+S has a well-established competence center where the history of potash continues.

K+S sells its Baltic Train container train to modal 3 Logistik GmbH, the former Börde Container Feeder GmbH (BCF). This is a joint venture between Rhein-Umschlag GmbH & Co. KG, Walter Lauk Containerspedition GmbH and K+S Transport GmbH, which has since been merged into K+S KALI GmbH. The companies are each one third shareholders of modal 3 Logistik.

K+S is responding to the current weak demand for potash by reducing fertilizer production for potassium chloride by up to 300 thousand tonnes by the end of 2019.

K+S is responding to the current weak demand for potash by reducing fertilizer production for potassium chloride by up to 300 thousand tonnes by the end of 2019.

Dr. Burkhard Lohr (56) will continue to be Chairman of the Board of Executive Directors of K+S Aktiengesellschaft until June 2025. The membership, which runs until 31 May 2020, was extended by five years in the Company’s Supervisory Board meeting today.

K+S welcomes the decision made today by the Ministerial Conference of the River Basin Community (FGG) Weser to replace the saline wastewater pipeline to the Oberweser with more cost-efficient alternative measures. The underground storage of saline wastewater is therefore of fundamental importance. The FGG Weser provides clarity for the disposal after it has been confirmed that the injection will be completed at the end of 2021.