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PotashCorp Potash Production Downtime
Sep. 22, 2017 08:46AM PST
Potash InvestingConsistent with PotashCorp’s strategy of matching supply to market demand and fully utilizing our lowest cost Rocanville facility, we have announced the following potash inventory adjustment shutdowns: Allan will curtail production for 10 weeks, beginning Nov. 19, 2017 Lanigan will curtail production for eight weeks, beginning Dec. 3, 2017 The number of temporary layoffs associated …
Consistent with PotashCorp’s strategy of matching supply to market demand and fully utilizing our lowest cost Rocanville facility, we have announced the following potash inventory adjustment shutdowns:
- Allan will curtail production for 10 weeks, beginning Nov. 19, 2017
- Lanigan will curtail production for eight weeks, beginning Dec. 3, 2017
The number of temporary layoffs associated with these inventory adjustments has not been determined, as the company is assessing opportunities for reassigning employees during these shutdown periods to essential services, capital projects, and maintenance activities.
Click here to read the full text release.
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