Mosaic Company: Paving The Way For 11 Million Tons Of Capacity
- The decrease in the inventory levels of fertilizers in North America signifies improved demand. Similarly, depletion of inventories in India is most likely to contribute to the rising demand.
- The acquisition of the phosphate business of CF industries comes in handy as it ensures increased production of up to 11 million tons.
- The deal with CF industries will serve to increase the supply of ammonia up to 15 years and this will ensure ample production to offset the global demand.
- The share repurchase authorization of $1 billion is surely a positive for shareholders.