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K+S finally discontinues injection
New chapter in disposal at the Werra potash plant
In recent years, K+S has significantly reduced the volume of saline wastewater arising from the production of high-quality fertilizers at the Werra plant. At the end of 2021, K+S will finally discontinue injection and break new ground.
Werra-Fulda potash district
Authority grants discharge permit until the end of 2027
By granting the permit under water law today, the Kassel Regional Council has provided further security for the production of mineral fertilizers and high-purity salt products at the K+S Werra and Neuhof-Ellers sites. The previous permit expires at the end of the year.
Closing completed
Merger into REKS joint venture concluded
Today, K+S and REMEX successfully completed the transaction for the new REKS joint venture. The joint venture will operate under the name REKS GmbH & Co. KG.
Environmentally friendly and sustainable mining
K+S commits to EU principles for sustainable raw materials
K+S is committed to complying with the principles for sustainable extraction and processing of raw materials formulated by the EU (“EU principles for sustainable raw materials”). These principles essentially concern social, ecological, and economic aspects as well as sustainable corporate governance.
Press release
Proceedings at the FREP terminated
K+S has notified the German Financial Reporting Enforcement Panel (FREP – “DPR”) in due time of the Company's agreement with the findings of the DPR's examination in accordance with Section 342b (5) of the German Commercial Code (HGB).
Ad hoc disclosure
Joint Venture / Forecast K+S Aktiengesellschaft: German Federal Cartel Office grants clearance for REKS joint venture – one-off gain and cash inflow expected before the end of the 2021 financial year
Today, the German Federal Cartel Office has granted the final approval for the merger of the new REKS joint venture. With this joint venture, K+S and REMEX, a subsidiary of the REMONDIS Group, aim to open up the attractive and rapidly growing European market for the recovery and disposal of waste as well as the realization of sustainable waste management solutions.
German Federal Cartel Office grants clearance
REKS joint venture approved – higher EBITDA expected for 2021
The German Federal Cartel Office has granted the final approval for the merger of the new REKS joint venture. With this joint venture, K+S and REMEX, a subsidiary of the REMONDIS Group, aim to open up the attractive and rapidly growing European market for the recovery and disposal of waste as well as the realization of sustainable waste management solutions.
Ad hoc disclosure
Other: Final FREP findings do not result in adjustments to valuations
The German Financial Reporting Enforcement Panel e.V. (FREP - “DPR”) has today issued its final examination findings to K+S Aktiengesellschaft (“K+S”) in the procedure for the examination of the consolidated financial statements of K+S as of December 31, 2019, including the associated Group management report, as well as the abbreviated consolidated financial statements as of June 30, 2020, including the associated interim management report.
FREP proceedings
Final examination findings do not sustain material preliminary findings and do not result in adjustments to valuations
The German Financial Reporting Enforcement Panel (FREP - “DPR”) today issued its final examination findings for K+S in connection with the examination of the consolidated financial statements as of December 31, 2019, and the abbreviated financial statements as of June 30, 2020. These do not sustain significant preliminary findings and do not result in adjustments to valuations.
Strong third quarter of 2021
Significant increase in earnings – forecast raised
In the third quarter, K+S again increased revenues and operating earnings very significantly year-on-year. The forecast for 2021 was increased again.
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