Corporate Research Paper - Calgary-based Agrium Inc. and Potash Corporation PDF

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Summary

On January 2, 2018, Calgary-based Agrium Inc. and Potash Corporation merged and from that, Nutrien Ltd. was born. Nutrien Ltd. became the world's leader in providing crop inputs and services, with over 2,000 retail locations in seven countries, where they help growers find sustainable ways to incr...

Description

Introduction On January 2, 2018, Calgary-based Agrium Inc. and Potash Corporation merged and from that, Nutrien Ltd. was born.

Nutrien Ltd. became the world's leader in providing crop

inputs and services, with over 2,000 retail locations in seven countries, where they help growers find sustainable ways to increase food production. Nutrien Ltd. has corporate offices located in Saskatoon, SK and Calgary, AB., which produces and distributes crop products for farmers, industrial, feeds customers and operates through a retail arm that supplies Potash, Nitrogen, and Phosphate. The retail distributes crop nutrients, crop protection products, seeds and merchandise. They also provide agronomics who work in the field to provide services to growers by optimizing their production and distribution of fiber, food and finding better ways to use their land and food production. Potash, Nitrogen, and Phosphate produce differential chemical nutrients contained in each product. The benefits of these chemicals are Nitrogen helps the leaves grow, Phosphate stimulates plant growth and Potash is used for its nutrients and helps prevent nitrogen depletion, which assists better throughout a plant life cycle. Retail Business Nutrien's network is in several different countries, such as the United States1, Canada2, South America3, and Australia4. Nutrien retail operations offer farmers a complete range of seed, liquid, and dry fertilizer products, primary crop protection products and biologicals and a range

1 USA Facilities 1183 2 Canada Facilities 294 3 South America Facilities 105 4 Australia 460

of related services and solutions, including Echelon precision agriculture. [CITATION Nut20 \l 4105 ] Case Summary Nutrien is the largest crop provider globally and plays a lead role in feeding the population now and for the future with farmers' assists by increasing their food production sustainability. Nutrien helped farmers grow production and distribution of an estimate of 25 million tonnes of Potash, Nitrogen and Phosphate products to framers, industry to feed all their customers around the world.

Nonmarket Environment

Issues 

The company was looking for $500 in synergies by the end of 2019

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Laid off 600 Allen, SK workers and Vanscoy Mine

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Agrium's Crop Production Services rebrand Nutrien to Nutrien Ag Solutions and invested money in upgrades to the retailers

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Nutrien would not say precisely how many employees had been laid off but noted the number of job losses is fewer than 50 provincewide. [ CITATION Ale21 \l 4105 ]

Interests

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Framers

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Stakeholders

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Customers

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Suppliers

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Investors

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First Nations

Institutions

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Framers

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Stakeholders

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Customers

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Investors

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Miners

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Mills

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Chemical Plants

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Government

Information

 Nutrien is the largest crop and the third-largest Natural Resource company in Canada  The low-cost producer of Potash, high-quality Nitrogen and Phosphate  The merger can now offer low-cost, high-value products and services to their customers and farmers and emphasize their focus on efficiency and innovation  Annual revenue to $500 Million (US) in the operating synergies are estimated to increase  The financial balance sheets show a substantial cash flow that will provide flexibility on capital return to shareholders and invest in growth, all the while maintaining a solid credit rating

 There are three main offices, a registered head office in Saskatoon and two corporate offices, one in Calgary and the other in Saskatoon.  With a commitment to customers and local communities, the workforce's primary focus is their combined companies' strength and capabilities.

Integrated Strategy

Market Strategy Nutrien understands the future of our food security for an estimated population of 10 billion by 2050 and the need to support all farmers, suppliers and retailers to continue to sell and grow food. By doing so, farmers ensure that the existing land and water resources continue to produce food using Nutrien's products and their experts' influence. With the help from Nutrien's experts and impact, there is potential to increase crop yields, help limit deforestation, and provide opportunities for growers worldwide to enjoy sustainable livelihood by increasing food supply reliability.

Nonmarket Strategy Nutrien's nonmarket strategy would be making food essential for life by making it assessable to all corners of the Earth, whether we grow our food or buy it at your local grocery store. We all want to eat healthily and be happy with our essential or comfort food, so it no surprise when a country starts to grow and prosper, its residences decide to eat healthier.

Conclusion and Recommendation(s) Nutrien purpose is to strive at community contributions globally and support local community initiatives that align with Nutrien's three main focuses: sustainable agriculture by contributing and building awareness to the economy and society, through education, food production and research for the safety of all farmers and their families, environmental footprint by promoting ecosystem health, protecting the air, water and soil quality, supporting community adaptation, resilience and a better understanding of the environment and diversity and inclusive growth in working towards positive social change, decrease inequalities across their organizations' by developing a career and job opportunities for women in non-traditional roles, finding and closing gaps under-represented population, supporting military veterans and supporting reconciliation with the Indigenous people. Nutrien invested $17 million through involvement in the communities by participating in community events, as members of the Chambers of Commerce, Community Advisory Panels and other local or charitable organizations. Although Nutrien's nonmarket strategy is to continue feeding all the people in the world and to ensure we all eat healthier from country to country. To achieve this without impacting the environment, the use of greenhouse gases and air emissions from their products to burning natural gases, other fuels emissions and the usage of electricity, steam and heat.

Water

management includes reusing and recycling polluted water where possible. If not possible, then tests are completed on the water to ensure it is environmentally friendly to dispose of either onsite treatment plants, underground injection wells, or off-site surface water bodies....