We will take a look at the 5 largest fertilizer companies in the world. To read our analysis of the recent market trends, you can go to the 15 Largest Fertilizer Companies in the World.
5. CF Industries Holdings, Inc. (NYSE:CF)
Market Capitalization: $20.8 billion
CF Industries Holdings, Inc. (NYSE:CF) is a leading global manufacturer of hydrogen and nitrogen products for clean energy, emissions abatement, fertilizer, and other industrial applications. Founded in 1946 and based in Deerfield, Illinois, the company operates 9 manufacturing complexes across United States, Canada, and the United Kingdom.
CF Industries Holdings, Inc. (NYSE:CF) mainly focuses on the production of nitrogen-based fertilizers, such as ammonia – which can be used as a fertilizer or upgraded into other nitrogen fertilizers such as urea, urea ammonium nitrate (UAN), and ammonium nitrate (AN). The company boasts an annual average capacity to produce 10.5 million tons of ammonia, 4.8 million tons of urea, 7.3 million tons of UAN, and 2.2 million tons of AN.
4. Sociedad Quimica y Minera (NYSE:SQM)
Market Capitalization: $25.5 billion
Santiago, Chile-based Sociedad Quimica y Minera (NYSE:SQM) is a global mining company operating in Chile with leading positions across five business lines: Specialty Plant Nutrition; Iodine and Derivatives; Lithium and Derivatives; Potassium and Solar Salts.
SQM leverages its caliche ore deposits to produce a wide range of nitrate-based products for agricultural uses, including potassium nitrate, sodium nitrate, sodium potassium nitrate, potassium sulphate and potassium chloride fertilizers. The company sold approximately 2.1 million tons of these fertilizers in 2021.
3. Industries Qatar QPSC
Market Capitalization: $26.6 billion
Doha, Qatar-based Industries Qatar QPSC operates in three distinct business segments: Petrochemicals, Fertilizers and Steel. The fertilizer business comprises a 100% owned subsidiary, Qatar Fertilizer Company Limited (QAFCO), founded in 1969.
QAFCO is a leading global nitrogen-based fertilizer producer with 6 manufacturing facilities with annual capacity to produce 3.8 million tons of ammonia and 5.6 million tons of urea. The majority of Ammonia produced by the company is used as feedstock for urea and ammonium phosphate production. It sold 4.7 million tons of fertilizers during the first nine months of 2022.
2. Wesfarmers Ltd.
Market Capitalization: $34.0 billion
Founded in 1914 as a Western Australian farmers’ cooperative, Perth, Australia-based Wesfarmers Ltd has grown exponentially to become one of the leading conglomerates in the country. It operates across home improvement and outdoor living; apparel and general merchandise; office supplies; health, beauty, and wellbeing; chemicals, energy and fertilizers, and industrial and safety products.
The fertilizer segment of Wesfarmers Ltd manufactures, imports and distributes nitrogen, phosphate, and potassium-based fertilizers for the Western Australian agricultural sector. It sells more than 1 million tons of fertilizer each year.
1. Nutrien Ltd. (NYSE:NTR)
Market Capitalization: $38.1 billion
Saskatoon, Canada-based Nutrien Ltd. (NYSE:NTR) is the largest producer of potash by capacity and one of the largest producers of nitrogen and phosphate globally. With a history that goes back nearly 50 years, the company has over 23,500 employees and produces and distributes nearly 27 million tons of potash, nitrogen, and phosphate products.
Nutrien Ltd. (NYSE:NTR) was formed through the merger of Agrium Inc. and Potash Corporation of Saskatchewan Inc., completed in January 2018. The company has total operational capacity to produce 14.8 million tons of potash, 11.4 million tons of nitrogen-based products, and 3.3 million tons of phosphate-based fertilizers.
You may also like to read 10 Best Data Center Stocks to Invest In and 11 Best Bitcoin Stocks to Buy Now