PLYMOUTH, Minn., Jan. 30, 2013 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) today announced that it has agreed to settle previously reported potash antitrust litigation. The litigation has been pending in U.S. District Court in the Northern District of Illinois since 2008. Mosaic will pay $43.75 million to settle all claims with both putative classes. Mosaic chose to settle these claims to avoid the significant [...]
Shares of fertilizer companies have been on the upswing recently as the recent heat wave and drought hitting the Midwest has seen corn prices sky rocket. "We think North American fertilizer producers are poised to benefit from higher grain prices and the growing likelihood that the U.S. will need to plant another large corn and soybean crop in 2013," wrote Citi Investment Research analyst P.J. Juvekar. Five Star Equities [...]
The Paragon Report Provides Stock Research on Mosaic Co. and Agrium Inc.NEW YORK, NY -- (Marketwire) -- 04/02/12 -- The Agricultural Chemicals Industry looks to gain, as rising prices for corn and oilseeds look to entice North American Farmers to shift focus. Oilseeds all demand a high degree of fertilizer. Nitrogen, potash and phosphate are the most important fertilizers that farmers apply. The Paragon Report examines [...]
Award recognizes exceptional ethical leadership across continents and industries
PLYMOUTH, Minn., March 16, 2012 /PRNewswire/ -- The Mosaic Company
today announced it has been recognized by the Ethisphere Institute as one of the 2012 World's Most Ethical Companies (WME).
Mosaic has been honored by Ethisphere for promoting the highest ethical standards. Out of a record number of nominations, Mosaic earned a spot on the list by implementing and maintaining business practices and initiatives that are instrumental to the company's success. Mosaic's values of integrity, excellence, sustainability and connectivity define how it conducts business, interacts with others, and treats communities and the planet.
'Everywhere Mosaic operates in the world our employees adhere to the same company-wide values. This common sense of purpose and responsibility ensures we approach our work with the highest of standards,' said Jim Prokopanko, President and CEO of Mosaic. 'Being named one of the World's Most Ethical Companies validates that we take corporate citizenship seriously. We're honored to be included.'
This is the sixth year Ethisphere has published the WME rankings. Ethisphere reviewed hundreds of companies and evaluated a record number of nominations through in-depth research and multi-step analysis and named the companies that surpassed their industry peers to this year's WME list. The 2012 list features companies in more than three dozen industries, including 40 companies headquartered outside the United States.
'A strong ethical foundation is a competitive advantage, and Mosaic recognizes the important role corporate responsibility plays in improving its bottom line,' said Alex Brigham, Executive Director of the Ethisphere Institute. 'As more and more organizations strive for this honor each year, Mosaic's inclusion as a World's Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity.'
The methodology for the WME ranking includes reviewing, evaluating and studying a company's leaders, code of ethics, sustainable practices and more. Mosaic stood out because it holds its employees accountable in all they say and do, is relentless in the pursuit of its goals, strives to achieve a higher standard, commits to making smart choices about its stewardship, and works together across mines, facilities and offices to enhance performance individually and collectively.
To read more about the work Mosaic is doing in the areas of social responsibility, sustainability and best crop nutrition practice, visit www.mosaicco.com.
About The Mosaic Company The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single-source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.
PLYMOUTH, Minn., Feb. 21, 2012 /PRNewswire/ -- The Mosaic Company
announced today a settlement agreement with the Sierra Club, Manasota-88, and People for Protecting the Peace River in litigation challenging the company's federal wetlands permit at the South Fort Meade mine. This permit allows mining of the Hardee County Extension near Bowling Green, Florida. The settlement, which is subject to approval by the courts [...]
The Mosaic Company has announced a reduction of up to 20 percent in planned potash production from February through May 2012. This curtailment will result in lower operating rates at Mosaic's mines, but is not currently expected to result in any employee layoffs or material mine shutdowns.
PLYMOUTH, Minn., Nov. 16, 2011 /CNW/ -- In connection with National Philanthropy Day, The Mosaic Company
received the Outstanding Corporate Philanthropist award from the Association of Fundraising Professionals -- Regina & Area Chapter in Saskatchewan and the Philanthropic Corporation of the Year award from the Association of Fundraising Professionals -- Florida Suncoast Chapter for its community leadership and corporate [...]
PLYMOUTH, Minn., Sept. 22, 2011 /PRNewswire/ -- The Mosaic Company
announced today that in conjunction with the September 21, 2011 announcement by Standard & Poor's to include The Mosaic Company in the S&P 500 index, the Company intends to effect a registered secondary offering of its common stock by the Margaret A. Cargill Trusts. The Company expects that, subject to market and other conditions, these stockholders will [...]