KASSEL, 10-Oct-2016 — /EuropaWire/ — The Supervisory Board of K+S Aktiengesellschaft has appointed Dr. Otto Lose (45) to the Board of Executive Directors of the company. From January 1, 2017, he will be responsible for the Business Unit Potash and Magnesium Products.
“We very much welcome Dr. Otto Lose to the K+S team. With him, we have gained a manager with many years of international management experience at companies in the raw materials industry. With his expertise in the areas of marketing, sales and technology we are convinced that we will successfully shape the future of our Business Unit Potash and Magnesium Products”, said Dr. Ralf Bethke, Chairman of the Supervisory Board.
K+S is an international resources company. We have been mining and processing mineral raw materials for more than 125 years. The products we produce from them are used worldwide in agriculture, food and road safety and are important elements in numerous industrial processes. Potash and salt are integral nutrients for the megatrend of a constantly growing and increasingly prosperous global population striving for a higher standard of living. This will result in increasing consumption of mineral resources. We serve the resulting growth in demand from production sites in Europe, North America and South America as well as through a global distribution network. K+S is the world’s largest salt producer and one of the top potash providers worldwide. With more than 14,000 employees, K+S achieved revenues in financial year 2015 of about € 4.2 billion and an EBIT of € 782 million. Learn more about K+S at www.k-plus-s.com.
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SOURCE: K+S AKTIENGESELLSCHAFT