Mosaic Takes Hit from Weak Potash Prices in 2015, Puts 2015 Capex as High as $1.4 Billion
Mosaic Takes Hit from Weak Potash Prices in 2015, Puts 2015 Capex as High as $1.4 Billion
SUGAR LAND--February 12, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite improved sales volumes for phosphates and potash, leading miner and fertilizer producer The Mosaic Company (NYSE:MOS) (Plymouth, Minnesota) saw mostly flat revenues and profits in 2014 when compared with 2013. The stronger sales, along with lower operating costs for potash, were negated by weak realized prices for potash. Industrial Info is tracking $5.5 billion in active projects involving Mosaic.
Within this article: Details on Mosaic's quarter and projects, including the expansion of an ammonia unit in Louisiana.
Other companies featured: KBR Incorporated (NYSE:KBR)
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