Press releases
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Pharmaceutical salt from local production
Transportation medium for the corona vaccine
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.
Local potash production
Authority issues injection permit
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.
Ad hoc disclosure of K+S Aktiengesellschaft
Agreement Joint Venture: K+S and REMEX combine waste management business and set up REKS joint venture
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.
Strong partnership in waste management business
K+S and REMEX combine their strengths in joint venture
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.
Settlement with community of plaintiffs
K+S reaches agreement with Herleshausen municipality
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.
Figures for Q3 2020
Higher EBITDA – Full-Year Outlook Confirmed
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).
Ad hoc disclosure
Impairment: K+S Cleans Up Balance Sheet
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.
K+S Aktiengesellschaft
K+S Cleans Up Balance Sheet
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.
Sales agreement signed
K+S sells its Americas salt business to Stone Canyon Industries Holding, Mark Demetree and Affiliates
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.
Ad hoc disclosure
Agreement Disposal: K+S signs agreement to sell its Operating Unit Americas to Stone Canyon Industries Holdings LLC, Mark Demetree and affiliates for a total of USD 3.2 billion
Closing expected to occur in summer 2021
Transaction subject to customary closing conditions, including antitrust approvals
K+S Aktiengesellschaft signed today a definitive agreement to sell its Operating Unit Americas, comprising its American salt businesses, to Stone Canyon Industries Holdings LLC, Mark Demetree and affiliates for a total of USD 3.2 billion, representing 12. ...