Wednesday, February 17, 2010
Cargill sells Saskferco nitrogen production facility
It does not appear yet on Cargill's websites, but in late 2008, Cargill and the Provincial Government of Saskatchewan sold their joint enterprise, Saskferco, to Yara International of Norway for $1.8 billion. Saskferco was owned 51% by Cargill and 49% by the Saskatchewan goverment. This appears to remove Cargill from direct fertilizer production.
