Released on September 11, 1998
Energy and Mines Minister Eldon Lautermilch will join the PotashCorporation of Saskatchewan, IMC Kalium Ltd., Agrium, and Canpotex
Ltd. to promote Saskatchewan potash at the 1998 World Fertilizer
Conference.
Held this year in San Francisco September 13-15, the World Fertilizer
Conference is the premier venue where delegates from around the world
meet to discuss fertilizer trade and development.
"This conference is an excellent opportunity to promote Saskatchewan's
potash industry, to make new contacts and to update the global
fertilizer trade on the recent changes to our potash royalty/tax
system that have made our industry more competitive and more
attractive for investment," Lautermilch said.
Private meetings have been scheduled with Saskatchewan's potash
companies and a number of their major customers.
The Saskatchewan potash industry is the largest producer and exporter
of potash in the world, accounting for approximately 30 per cent of
world potash production.
"The potash industry plays a large role in this province's
economic base, contributing thousands of jobs and significant
taxes to support local and provincial government programs,"
Lautermilch said.
Saskatchewan's potash industry is having another very good year.
Due to significant sales to China, Brazil and some smaller Latin
American countries, offshore sales are up 25 per cent over the
same period last year.
"Potash is one of our province's mineral cornerstones.
Government working with industry at events such as this
conference sends a very strong signal that we are serious about
maintaining our position as a dominant player in world potash
markets," Lautermilch said.
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For more information, contact:
Gail Smith
Energy and Mines
Regina
Phone: (306) 787-3037