--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20191216-ks-group-may-realize-some-of-its-assets/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # K+S Group may realize some of its assets Publication Date: 2019-12-16T09:18:29-05:00 Last Updated: 2019-12-14T21:21:44-05:00 Author: Elena Shalashnik (https://www.fertilizerdaily.com/author/shea2707/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![K+S Group may realize some of its assets](https://www.fertilizerdaily.com/wp-content/uploads/2019/12/bag.jpg) The need for speed. Having reviewed the situation on the global potash fertilizer market, the Board of Directors of the German K+S Group decided to accelerate the implementation of measures provided for by the Shaping 2030 growth strategy. According to the company’s press release, despite the progress made in implementing the strategy, the current difficult market conditions are hindering the achievement of the financial goals, in particular, the reduction of the debts. Therefore, it was decided to pay serious attention to improving the efficiency of the units both in Europe and North America. For example, the new Bethune potash mine built by the K+S Group in Canada is worth € 5 billion euros. At the same time, the production of fertilizer specialities is high-margin. Thus, K+S Group may sell part of its existing assets in the short term, thereby reducing its debt. “The rapid reduction of indebtedness is our top priority. We will now consistently implement the package of measures to crystallize value. We need a solid financial basis to achieve sustainable growth,” says Dr. Burkhard Lohr, Chairman of the Board of Executive Directors of K+S AG. Tags: [K+S Group](https://www.fertilizerdaily.com/tag/ks-group/), [potash fertilizers](https://www.fertilizerdaily.com/tag/potash-fertilizers/), [potash salts](https://www.fertilizerdaily.com/tag/potash-salts/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.