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Canpotex is a premier marketing and logistics company that exports to offshore markets – primarily to countries in Asia, and – for its three Shareholders: Agrium, Mosaic and PotashCorp. Operating since 1972, Canpotex has corporate offices in , Singapore, Vancouver, Tokyo and Shanghai. Canpotex Celebrates 200 Million Tonnes

In 2014, over 42 years Growing relationships itself on, and operating directly from facilitate the efficient movement and a China base will allow Canpotex handling of specialty grade industrial after its first potash and growing food to better understand and serve its potash products. security in the world customers in this growing, evolving shipment in 1972, and complicated market.” In 1999, Canpotex went on to Dechka believes that Canpotex’s commission a fleet of over 2,000 Canpotex Limited success is largely due to the long- Canpotex partners new railcars that were specifically (Canpotex) achieved term relationships it has successfully designed to accommodate the bulk built with its international partners and with leaders in the density of potash and maximize yet another milestone the consistently high-quality product transportation industry volumes and railcar utilization. it has delivered in an efficient and Fourteen years later, this fleet has by supplying a total of economic manner: “Canpotex sells “Growing potash sales will also now grown to approximately 5,400 over 20 grades of high-quality potash require a growing and even more railcars, and Canpotex sales have 200 million tonnes of to a growing group of global partners efficient supply chain in the future,” more than doubled to 200 million Saskatchewan potash around the world. We are fortunate notes Dechka. “Our people work tonnes of potash sales. that Saskatchewan has such high- around-the-clock with global suppliers In 2012, Canpotex opened a state- quality product to offer the world and and industry partners to transport to offshore customers of-the-art Railcar Maintenance Facility that we have the partners in place that our products to many diverse and near Lanigan, Saskatchewan to – primarily to countries are able to utilize it to help feed the challenging markets to the point maintain these railcars and better world’s growing population.” where we have essentially become in Asia, Latin America a 24/7 worldwide operation!” manage and control its railcar fleet. “Many many people have taken This facility provides Canpotex railcars and Oceania. this journey with Canpotex,” Dechka As a competitive world supplier with all-weather inspection, repair and remarks, “and we are grateful to have of potash to over 60 countries maintenance, automated railcar wash, in place now the key personnel that during a 42-year period, Canpotex wheel repairs and replacement, and “200 million tonnes is a significant form the backbone of our international understands the importance of an on-site railcar storage and switching; it number,” notes Canpotex’s President marketing and logistics efforts. It is in efficient and economic logistics is the only facility owned by any single bulk shipper in North America. and Chief Executive Officer, Steve a real sense, people trusting people system. Dechka explains, “Over the years, we have strategically invested Dechka. “We take great satisfaction to do their jobs and to deliver on in our delivery network to successfully in knowing that Saskatchewan their promises to many diverse and Canpotex’s commitment accommodate the world’s increasing potash has consistently satisfied our challenging markets. Two hundred to innovation in potash demand for potash. Our investments international customers and assisted million tonnes equals a lot of loyalty, in the past have included a fleet of handling and delivery them in contributing to global food commitment, hard work and trust.” specially-designed railcars, a railcar security. Saskatchewan is helping is ongoing “We indeed are a global company maintenance facility, several deep feed the world in other words, one in so many ways,” explains Dechka, water marine terminals and efficient potash shipment at a time.” “It took Canpotex 27 years to achieve “For example, we intentionally place state-of-the-art bulk cargo vessels.” 100 million tonnes of sales, 14 years our international marketing offices Aside from the millions and millions to achieve a second 100 million in close proximity to key market One of Canpotex’s first major of international farmers that have tonnes, and I am optimistic we are logistical investments was back in areas so that we can better serve our now on track to reach the 300 million benefited from our province’s 1992, when Canpotex invested CDN customers’ needs, but also understand tonne milestone during the next potash, a portion of our product $30 million to expand Neptune Bulk their cultures and their values.” decade!” Dechka concludes. has always gone for industrial Terminals () Ltd. in Vancouver, purposes. Currently, for example, In April 2014, Canpotex officially . That investment 5% of Saskatchewan’s potash is opened a new Shanghai included the addition of a new used to manufacture potassium Representative Office to further potash storage shed, state-of-the-art hydroxide (KOH), a feedstock for strengthen its relationships and reclaimer, and a second dumper pit. other potassium chemicals that is better serve its growing customer Canpotex subsequently invested in a used in a wide variety of industrial base in China. Dechka describes, second shipping terminal at Portland, processes such as glass making, “Opening an office on the China Oregon in 1997; that facility was pharmaceuticals, food processing mainland will help to facilitate the designed to provide a second load and the manufacture of textiles. relationships that Canpotex prides port alternative for Canpotex and to

SASK ATOON SINGAPORE VANCOUVER TOKYO SHANGHAI Growing Relationships. Since 1972. www.canpotex.com

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