SASKATOON, SK, Nov. 14, 2013 /CNW/ - Canpotex Limited (Canpotex)
announces a US $100,000 donation to the Canadian Red Cross to assist in
relief efforts in the Philippines, following the aftermath of Typhoon
Haiyan (typhoon) on November 3, 2013.
Steve Dechka, Canpotex's President and Chief Executive Officer, stated
that this donation validates Canpotex's focus on long-term
relationships and commitment to its Philippines' loyal customers and
their affected families and country.
"Our thoughts are with the people of the Philippines and all those who
have been affected by the typhoon. Our employees all over the world and
our shareholders—Agrium, Mosaic and PotashCorp—share a great concern
for what has emerged by this natural disaster, and we hope that our
donation makes an immediate impact in recovery efforts for the
Philippines," stated Dechka. "
"The Canadian Red Cross is very thankful for the support of Canpotex,"
says Richard Kies, Provincial Development Manager for the Canadian Red
Cross, Saskatoon, Saskatchewan branch. "The contribution will be a
great help to the people in the Philippines to assist in providing the
relief needed for the communities who have been affected by the
As the world's premier potash exporter, Canpotex has been a major
supplier of potash to the Philippines for over 41 years. Long-term
relationships are the cornerstone of its business model, and at this
difficult time in the Philippines, Canpotex and its shareholders are
sensitive to the needs of its Philippines' customers and the role that
they play in using Saskatchewan's potash to help meet the growing
global demand for food. Dechka stated that Canpotex will continue to
monitor the situation in the Philippines in hopes that its contribution
will make a difference in the lives of those affected by the typhoon.
Operating continuously since 1972, Canpotex is the exclusive offshore
marketing company owned by the three Saskatchewan potash producing
companies: Agrium Inc. (TSX and NYSE: AGU), Mosaic Canada Crop
Nutrition, LP, a subsidiary of The Mosaic Company (NYSE: MOS), and
Potash Corporation of Saskatchewan Inc. (TSX and NYSE: POT).
SOURCE: Canpotex Limited
For further information:
Manager, Corporate Services