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Presentation of Karl Mielke, CEO K+S North America Salt Holdings ...

Presentation of Karl Mielke, CEO K+S North America Salt Holdings ...

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<strong>Salt</strong><br />

Steps in Developing the <strong>K+S</strong> <strong>Salt</strong> Business<br />

5<br />

Acquired Morton <strong>Salt</strong>,<br />

the largest salt producer<br />

in <strong>North</strong> <strong>America</strong><br />

<strong>K+S</strong><br />

4<br />

Morton<br />

<strong>Salt</strong><br />

Acquired No.1 salt<br />

producer in South<br />

<strong>America</strong> through SPL<br />

acquisition<br />

- Market entry into U.S.<br />

and Latin <strong>America</strong><br />

SPL<br />

1<br />

2<br />

3<br />

Originally, salt<br />

business with high<br />

exposure to de-icing<br />

and industrial salt in<br />

Europe<br />

Added salt for chemical<br />

use through the acquisition<br />

<strong>of</strong> Frisia Zout (NL)<br />

Created No.1 salt<br />

producer in Europe<br />

through the acquisition<br />

<strong>of</strong> Solvay salt business<br />

December 2010 <strong>K+S</strong> Group 11

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