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K+S has noted that the price agreed for potash supplies is significantly below the level currently prevailing on important export markets. Therefore, the continuing positive fundamental situation of the agricultural markets as well as the associated increasing demand for potash fertilizers is not reflected in any way.

The Biontech/Pfizer corona vaccine COMIRNATY® is only applicable with the addition of high-purity sodium chloride solution. K+S is one of the largest manufacturers of the pharmaceutical-grade sodium chloride required for this purpose.

By granting the new permit under water law, the Kassel Regional Council has provided the K+S Werra and Neuhof-Ellers plants with further security for the production of mineral fertilizers and high-purity salt products. The previous permit expires at the end of this year.

K+S Aktiengesellschaft and REMEX GmbH, a wholly-owned subsidiary of REMONDIS SE & Co. KG, have agreed today to bundle their waste management activities in a new joint venture, REKS GmbH & Co. KG, in which both companies are equal partners with 50 percent participation each.

K+S and REMEX, a subsidiary of the REMONDIS Group, are bundling their waste management activities in a new joint venture, “REKS”. As a result, two strong partners will, in the future, be jointly focusing on tapping into the attractive and rapidly growing market for reutilisation and disposal as well as sustainable waste management solutions.

As part of the settlement negotiations with the plaintiff community of Hessian and Thuringian municipalities and associations in the Werra region, K+S has signed an agreement with the municipality of Herleshausen (Werra-Meissner district). An agreement is also being prepared with other members of the plaintiff community.

Overall, K+S achieved a solid result in the third quarter despite the persistently challenging environment. EBITDA operating earnings rose significantly to € 96 million (Q3/2019: € 81 million).

The K+S Board of Executive Directors has adjusted its long-term assumptions against the background of the realignment of the Company and the sale of the Americas operating unit. This mainly concerns the long-term potash price assumption as well as a higher cost of capital rate.

The K+S Board of Executive Directors has adjusted its long-term assumptions against the background of the realignment of the Company and the sale of the Americas operating unit. This mainly concerns the long-term potash price assumption as well as a higher cost of capital rate.

Today, K+S Aktiengesellschaft signed a contract to sell its Americas salt business bundled together as the Americas Operating Unit to Stone Canyon Industries Holdings LLC (“SCIH”), Mark Demetree and affiliates.