Industrial & Caustic Potash

Table of Contents

I-A. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

• Study Reliability and Reporting Limitations I-1
• Disclaimers I-2
• Data Interpretation & Reporting Level I-2
• CAGR Disparities Between Historic & Current Data I-3
• Quantitative Techniques & Analytics I-3
• Product Definitions and Scope of Study I-3

I-B. GENERAL OVERVIEW OF THE CHEMICAL INDUSTRY

• China and Emerging Economies Fuel Demand I-4
• Production Focus Moves to Developing Countries I-4
• Growing Use of E-Commerce Expands Trade I-4

II. EXECUTIVE SUMMARY

1. Introduction II-1

• Market Highlights II-1
• Current & Future Analysis II-1
• Regional Analysis II-2
• Analysis by End Use Segments II-2

2. Industry Overview II-3

• Consolidation and Economic Meltdown Take their Toll on Demand II-3
• Limited Production Centers Across the World II-3
• Table 1: Global Mine Production by Country for 2004-2005 (In Thousand Metric Tons) (includes corresponding Graph/Chart) II-4
• Table 2: Global Mine Reserves and Reserve Base for 2004-2005 (In Thousand Metric Tons) (includes corresponding Graph/Chart) II-4
• Wide-Ranging Plant Applications II-4
• Decontrol Causes Demand Slump II-5
• Demand-Supply Position II-5
• Capacity Expansions II-5
• Production and Consumption Trends Worldwide II-5
• Major Highlights II-6
• Table 3: Global Potash Capacity K2O for Years 2004-09 in Million Metric Tons(includes corresponding Graph/Chart) II-6
• Consumption Concentration by the Three Majors II-7
• Russian Production Scene II-7
• Racing Ahead Further II-8
• Table 4: World Potash Supply (2004): Percentage Breakdown by Leading Supplier- Mosaic, PCS, Belaruskali, Kali&Satz, ICL, Uralkali, Silvinit, APC, Agrium and Other (includes corresponding Graph/Chart) II-8
• Economic Development Drives Potash Demand In Asia and Latin America II-8
• Industrial and Caustic Potash Consumption - A Historic Review II-9
• Modernization of Production Techniques: A NegativeImplication on Employment II-9

3. Product Overview II-10

• What is Caustic Potash? II-10
• Derivation of Potash II-10
• Insights of Potash II-10
• End-Uses of Potassium II-10
• A Review on Potash Fertilizer II-11
• Product Pricing II-11
• Pricing Trends in the Global Market II-11
• No Price Wars in Potash Trade II-12
• Factors Determining Price Trends of Potash II-12
• Factors affecting Consumption of Potassium Fertilizer II-13
• Successful technological Innovations in the Past II-13
• Rice Debranning Experiments II-13
• Laser Etching Device Uses Potassium Hydroxide II-13

4. Potash Products - A Global Perspective II-14

• Potassium Hydroxide (KOH) II-14
• Definition of Caustic Potash II-14
• Market Overview II-14
• Specific Use of Potassium Hydroxide II-14
• Market Outlook II-14
• Potassium Carbonate (K2CO3) II-15
• Definition II-15
• Growth Prospects II-15
• Specific Uses of Potassium Carbonate II-15
• Potassium Chloride (KCl)/Muriate of Potash II-16
• Definition II-16
• End-Use Applications II-16
• Table 5: World Fertilizers Consumption by Key Nutrients (includes corresponding Graph/Chart) II-16
• Potassium Nitrate (KNO3) II-16
• Definition II-16
• Uses of the Salt II-17
• End-Use Applications II-17
• Reasons for Growth II-17
• Potassium Sulfate (K2SO4) II-17
• Definition II-17
• Demand and Production II-17
• End-Use Applications II-17

5. Key End-Use Application Areas II-18

• Fertilizers II-18
• Definition II-18
• The Largest End-User II-18
• Demand Trends II-18
• Table 6: World Fertilizer Potash Market (2004): Percentage Share Breakdown of Annual Consumption by Region- United States, European Union, China, Brazil, India and Others (Consumption in tons) (includes corresponding Graph/Chart) II-18
• Factors Fueling Fertilizer Demand II-19
• Factors Affecting Worldwide Fertilizer Demand II-19

6. Recent Industry Activity II-20

• Agrium Acquires 98.6% of Royster-Clark units II-20
• Agrium Acquires Nu-Gro II-20
• Agrium Acquires Pursell Technologies II-20
• OxyChem Plans to Convert Taft Membrane to KOH II-20
• Tessenderlo Plans to Raise Production Capacities II-20
• Potash Corp Acquiress Stake in Sinofert II-20
• QSLIG Plans to Produce 1.5 Million Tons of Potash Fertilizers II-21
• Tsurmi Enhances Production Capacity II-21
• Erco Acquires Wisconsin Chloralkali Facility II-21
• Potash Corp. Signs Agreement to Acquire ICL' s subsidiary II-21
• Qinghai Starts Potassium Fertilizer Utilization Project II-21
• Potash Corp. Announces Potash Capacity Expansion II-21
• Potash Fertilizer Tax Exemption Announced by Canadian Government II-21
• SDIC to Establish a New Potassium Sulfate Project II-22
• Agrium Inc. Plans to Expand Potash Capacity II-22
• Mosaic Co. Announces Capacity Expansion of its Potash Mine II-22
• Mag Industries to Develop Potash Mine II-22
• IMC Global Merges with Cargill Crop Nutrition to form Mosaic Co. II-22
• Terra Industries Acquires Mississippi Chemical II-23
• Olin Announce Plans to Reenter Caustic Potash Business II-23
• PotashCorp Takes Over Minority Stakes in APC II-23
• Kali und Salz Entsorgung Changes Name to K+S Entsorgung II-23
• Tessenderlo Plans to Double Caustic Potash Flakes Capacity II-23
• Daming Industrial Chemical Establishes Joint Venture in China II-24
• Jordan Bromine Plans to Establish New Plant in Safi II-24
• Tessenderlo to Close One Unit of Caustic Potash Business II-24
• Chengdu Huarong Chemical Initiates Construction of New Caustic Potash Plant II-24
• Eltech Bags Chlor-Alkali Orders in China II-24
• Asia Pacific Potash Corp Enters into Memorandum of Understanding with Bechtel International II-24
• Canpotex Enters into Marketing Agreement with JSC Uralkali II-24

7. Focus on Select Global Players II-25

• Agrium (Canada) II-25
• Armand Products (US) II-25
• Ashta Chemicals (US) II-25
• ICL Fertilizers (Israel) II-25
• Kali and Salz Beteiligungs AG (K+S) (Germany) II-25
• Table 7: Distribution of Annual Sales Revenue (2004): Percentage Breakdown by Division - Potash and Magnesium Products, COMPO, Fertiva, Salt and Others (in Tons) (includes corresponding Graph/Chart) II-26
• Mosaic Company (US) II-26
• Occidental Chemical Corporation (US) II-26
• PotashCorp (Canada) II-27
• Qinghai Salt lake Potash Co., Ltd. (China) II-27
• Trans-Resources (US) II-27
• Uralkali (Belarus) II-27

8. Global Market Perspective II-28

• Table 8: World Recent Past, Current and Future Analysis for Industrial & Caustic Potash by Geographic Region -US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) II-28
• Table 9: World Historic Review for Industrial & Caustic Potash by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) II-28
• Table 10: World 20-Year Perspective for Industrial & Caustic Potash by Geographic Region - Percentage Breakdown ofUnit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle EastMarkets for Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) II-29
• Table 11: World Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash in Fertilizers by Geographic Region- US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle EastMarkets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) II-30
• Table 12: World Historic Review for Consumption of Industrial & Caustic Potash in Fertilizers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) II-30
• Table 13: World 20 -Year Perspective for Consumption of Industrial & Caustic potash in Fertilizers by Geographic Region - Percentage Breakdown of Unit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Latin America and the Middle East Markets for Years 1991,1995, 2005, 2010 (includes correspondingGraph/Chart) II-31
• Table 14: World Recent Past, Current and Future Analysisfor Consumption of Industrial & Caustic Potash in Computers& TV Monitors by Geographic Region- US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America andthe Middle East Markets Independently Analyzed withAnnual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) II-32
• Table 15: World Historic Review for Consumption of Industrial & Caustic Potash in Computers & TV Monitors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Latin America and the Middle EastMarkets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through2000 (includes correspondingGraph/Chart) II-32
• Table 16: World 20 -Year Perspective for Consumption of Industrial & Caustic Potash in Computers & TV Monitors by Geographic Region - Percentage Breakdown of Unit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets for Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) II-33
• Table 17: World Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash in Food & Pharmaceuticals by Geographic region- US, Canada,Japan, Europe, Asia-Pacific (excluding Japan),Latin America and the Middle East Markets Independently Analyzed with Annual Consumption Figures in ThousandTons for Years 2001 through 2010 (includescorresponding Graph/Chart) II-34
• Table 18: World Historic Review for Consumption of Industrial & Caustic Potash in Food & Pharmaceuticals by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Latin America and the Middle EastMarkets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through2000 (includes correspondingGraph/Chart) II-34
• Table 19: World 20 -Year Perspective for Consumption of Industrial & Caustic Potash in Food & Pharmaceuticals by Geographic Region - Percentage Breakdown of Unit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets for Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) II-35
• Table 20: World Recent Past, Current and Future Analysisfor Consumption of Industrial & Caustic Potash in Crystal & Ceramics by Geographic Region- US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Latin Americaand the Middle East Markets Independently Analyzedwith Annual Consumption Figures in Thousand Tonsfor Years 2001 through 2010 (includescorresponding Graph/Chart) II-36
• Table 21: World Historic Review for Consumption of Industrial & Caustic Potash in Crystal & Ceramics by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets IndependentlyAnalyzed with Annual Consumption Figures in ThousandTons for Years 1991 through 2000 (includescorresponding Graph/Chart) II-36
• Table 22: World 20 -Year Perspective for Consumption of Industrial & Caustic Potash in Crystal & Ceramics by Geographic Region - Percentage Breakdown of Unit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets for Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) II-37
• Table 23: World Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash in Soap by Geographic Region- US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the MiddleEast Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010(includes corresponding Graph/Chart) II-38
• Table 24: World Historic Review for Consumption of Industrial & Caustic Potash in Soap by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific zexcluding Japan), Latin America and the Middle East Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons forYears 1991 through 2000 (includes correspondingGraph/Chart) II-38
• Table 25: World 20 -Year Perspective for Consumption of Industrial & Caustic Potash in Soap by Geographic Region - Percentage Breakdown of Unit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Marketsfor Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) II-39
• Table 26: World Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash in Other Applicationsby Geographic Region- US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) II-40
• Table 27: World Historic Review for Consumption of Industrial & Caustic Potash in Other Applications by GeographicRegion - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Latin America and the Middle EastMarkets Independently Analyzed with Annual ConsumptionFigures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) II-40
• Table 28: World 20 -Year Perspective for Consumption of Industrial & Caustic Potash in Other Applications by Geographic Region - Percentage Breakdown of Unit Consumption for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East Markets for Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) II-41

III. MARKET

1. The United States III-1

• A. Market Analysis III-1
• Current & Future Analysis III-1
• Table 29: Caustic Potash Market in the US (2004): Breakdown of Annual Production Capacity by Major Producer - OxyChem, ASHTA and Vulcan Materials.(in ' 000 short tons ) (includes corresponding Graph/Chart) III-1
• Table 30: US Caustic Potash Imports (2004): Breakdown by Major Region - Sweden, Italy, France, South Korea, Mexico, Spain, Germany, India, Canada, China, Japan and Poland. (Imports in Kilograms) (includes corresponding Graph/Chart) III-2
• Potassium Production & Pricing III-2
• Fertilizer Demand Driven by Corn III-2
• Table 31: Factors Affecting Fertilizer Prices in the US (On a Scale of 1-10) (includes corresponding Graph/Chart) III-3
• Historic Review III-3
• Focus on Select US Players III-3
• Recent Industry Activity III-4
• B. Market Analytics III-6
• Table 32: US Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-6
• Table 33: US Historic Review for Consumption of Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-6
• Table 34: US 20-Year Perspective for Consumption of Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-7

2. Canada III-8

• A. Market Analysis III-8
• Canadian Potash Industry: An Overview III-8
• Canada Potash Production III-8
• Current & Future Analysis III-8
• The Potash Superpower III-9
• PotashCorp - The World Leader III-9
• Historic Review III-9
• Recent Industry Activity III-9
• Focus on Select Canadian Players III-11
• Agrium III-11
• PotashCorp III-11
• B. Market Analytics III-12
• Table 35: Canadian Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-12
• Table 36: Canadian Historic Review for Consumption of Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-12
• Table 37: Canadian 20-Year Perspective for Consumption of Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-13

3. Japan III-14

• A. Market Analysis III-14
• Current & Future Analysis III-14
• Key Players in Japan III-14
• Historic Review III-14
• Strategic Development III-14
• B. Market Analytics III-15
• Table 38: Japanese Recent Past, Current and Future Analysis for Consumption of Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-15
• Table 39: Japanese Historic Review for Consumption of Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-15
• Table 40: Japanese 20-Year Perspective for Consumption of Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-16

4. Europe III-17

• A. Market Analysis III-17
• Major Regions III-17
• Table 41: Potash Deliveries to European Union (2004): Percentage Share Breakdown by Major Region -K+S Aktiengesellschaft (Germany), ICL Fertilizers (Israel, Spain & UK), Russia & Belarus, France, Jordan and Canada. (in million tons) (includes corresponding Graph/Chart) III-17
• Table 42: Granular Fertilizer Consumption in W. Europe (2004): Percentage Breakup by Major Region - France, UK, Italy, Spain, Ireland and Belgium. (in ' 000 tons) (includes corresponding Graph/Chart) III-18
• Massive Production Base III-18
• Table 43: Potash Production in Western Europe (2003 & 2004): Percentage Breakdown of Annual Capacity by Major Producers - K+S Aktiengesellschaft (Germany), Iberpotash (Spain) and Cleveland Potash Ltd (UK) (includes corresponding Graph/Chart) III-18
• Current & Future Analysis III-19
• European Union Imposes Anti-Dumping Tariffs III-19
• Rising Potash Prices After a Long Period of Slump III-19
• A Historic Review of the European Market III-20
• B. Market Analytics III-21
• Table 44: European Recent Past, Current and Future Analysis for Industrial & Caustic Potash by Geographic Region - France, Germany, Italy, UK, Spain, and Rest of Europe Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-21
• Table 45: European Historic Review for Industrial & Caustic Potash by Geographic Region - France, Germany, Italy, UK, Spain, and Rest of Europe Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-21
• Table 46: European 20-Year Perspective for Industrial & Caustic Potash by Geographic Region - Percentage Breakdown of Unit Consumption for France, Germany, Italy, UK, Spain, and Rest of Europe Markets for Years 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-22
• Table 47: European Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-23
• Table 48: European Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991through 2000 (includes corresponding Graph/Chart) III-23
• Table 49: European 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers,Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-24

4a. France III-25

• A. Market Analysis III-25
• Current & Future Analysis III-25
• Market Assessment III-25
• Fertilizer Industry Trends III-25
• Domestic Production III-25
• Historic Review III-25
• B. Market Analytics III-26
• Table 50: French Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-26
• Table 51: French Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-27
• Table 52: French 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-27

4b. Germany III-28

• A. Market Analysis III-28
• Current & Future Analysis III-28
• Historic Review III-28
• Focus on Select German Player III-28
• Table 53: Distribution of Annual Sales Revenue (2004): Percentage Breakdown by Division - Potash and Magnesium Products, COMPO, Fertiva, Salt and Others (in Tons) (includes corresponding Graph/Chart) III-29
• B. Market Analytics III-30
• Table 54: German Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-30
• Table 55: German Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual ConsumptionFigures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-30
• Table 56: German 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-31

4c. Italy III-32

• Market Analysis III-32
• Current & Future Analysis III-32
• Historic Review III-32
• Table 57: Italian Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap,and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-33
• Table 58: Italian Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991through 2000 (includes corresponding Graph/Chart) III-33
• Table 59: Italian 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-34

4d. The United Kingdom III-35

• Market Analysis III-35
• Current & Future Analysis III-35
• Historic Review III-35
• Table 60: UK Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-36
• Table 61: UK Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-36
• Table 62: UK 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets for 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-37

4e. Spain III-38

• Market Analysis III-38
• Current & Future Analysis III-38
• Historic Review III-38
• Table 63: Spanish Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-39
• Table 64: Spanish Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-39
• Table 65: Spanish 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Marketsfor 1991,1995, 2005, 2010 (includes corresponding Graph/Chart) III-40

4f. Rest of Europe III-41

• A. Market Analysis III-41
• Current & Future Analysis III-41
• Historic Review III-41
• Eastern Europe-Production Statistics III-41
• Russia III-41
• Disintegration of the FSU Hits Fertilizer Production III-42
• Fertilizer Sector Deregulated III-42
• Strategic Development III-42
• Focus on Select Russian Player III-42
• Industry Activity in the Recent Past III-42
• B. Market Analytics III-43
• Table 66: Rest of Europe Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Segment - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tonsfor Years 2001 through 2010 (includes corresponding Graph/Chart) III-43
• Table 67: Rest of Europe Historic Review for Industrial & Caustic Potash by End Use Application- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through2000 (includes corresponding Graph/Chart) III-43
• Table 68: Rest of Europe 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-44

5. Asia Pacific III-45

• A. Market Analysis III-45
• Current & Future Analysis III-45
• Demand Boost for Potash in Asia III-45
• Production Scenario in China III-46
• Historic Review III-46
• Recent Industry Activity III-46
• B. Market Analytics III-47
• Table 69: Asia-Pacific Recent Past, Current and Future Analysis for Industrial & Caustic Potash by Geographic Regions- China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-47
• Table 70: Asia-Pacific Historic Review for Industrial & Caustic Potash by Geographic Regions- China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-48
• Table 71: Asia-Pacific 20-Year Perspective for Industrial & Caustic Potash by Geographic Regions- Percentage Breakdown of Unit Consumption for China and Rest of Asia-Pacific Markets for 1991, 1995, 2005, 2010 III-48
• Table 72: Asia-Pacific Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-49
• Table 73: Asia-Pacific Historic Review for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-49
• Table 74: Asia-Pacific 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-50

5a. China III-51

• A. Market Analysis III-51
• Table 75: Chinese Potash Imports (2004): Percentage Share Breakdown by Major Region -Russia, Canada, Jordan, Israel and Others. (in Million Metric Tons) (includes corresponding Graph/Chart) III-51
• Current and Future Analysis III-51
• State-Controlled Fertilizer Sector III-52
• Lucrative Market Opportunities for Foreign Companies III-52
• Pricing Policies III-52
• Focus on Select Chinese Player III-52
• Recent Industry Activity III-53
• Historic Review III-53
• B. Market Analytics III-54
• Table 76: Chinese Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap,and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-54
• Table 77: Chinese Historic Review for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-54
• Table 78: Chinese 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-55

5b. Rest of Asia-Pacific III-56

• A. Market Analysis III-56
• Current & Future Analysis III-56
• India III-56
• Indian Fertilizer Industry III-56
• Price Control Revived III-56
• Pricing Policies III-57
• Thailand III-57
• Potash Mine Capacity III-57
• Historic Review III-57
• B. Market Analytics III-58
• Table 79: Rest of Asia-Pacific Current and Future Analysis for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures (*) in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-58
• Table 80: Rest of Asia-Pacific Historic Review for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures (*) in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-58
• Table 81: Rest of Asia-Pacific 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption (*) for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-59

6. Latin America III-60

• A. Market Analysis III-60
• Current & Future Analysis III-60
• Latin America-Production III-60
• Historic Review III-60
• B. Market Analytics III-61
• Table 82: Latin American Recent Past, Current and Future Analysis for Industrial & Caustic Potash by Geographic Regions- Brazil and Rest of Latin American Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-61
• Table 83: Latin American Historic Review for Industrial & Caustic Potash by Geographic Regions- Brazil and Rest of Latin American Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-61
• Table 84: Latin American 20-Year Perspective for Industrial & Caustic Potash by Geographic Regions- Percentage Breakdown of Unit Consumption for Brazil and Rest of Latin American Markets for 1991, 1995, 2005, 2010 III-62
• Table 85: Latin American Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includescorresponding Graph/Chart) III-63
• Table 86: Latin American Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figuresin Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-63
• Table 87: Latin American 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap,and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-64

6a. Brazil III-65

• Market Analysis III-65
• Current and Future Analysis III-65
• Historic Review III-65
• Table 88: Brazilian Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-66
• Table 89: Brazilian Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-66
• Table 90: Brazilian 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-67

6b. Rest of Latin America III-68

• A. Market Analysis III-68
• Current and Future Analysis III-68
• Chile III-68
• Historic Review III-68
• B. Market Analytics III-69
• Table 91: Rest of Latin American Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-69
• Table 92: Rest of Latin American Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-69
• Table 93: Rest of Latin American 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-70

7. The Middle East III-71

• A. Market Analysis III-71
• Current & Future Analysis III-71
• Israel III-71
• Middle East-Production III-71
• Focus on Select Israeli Player III-71
• ICL Fertilizers III-71
• Historic Review III-71
• Industry Activity in the Recent Past III-72
• B. Market Analytics III-72
• Table 94: Middle East Recent Past, Current and Future Analysis for Industrial & Caustic Potash by End Use Applications- Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2001 through 2010 (includes corresponding Graph/Chart) III-72
• Table 95: Middle East Historic Review for Industrial & Caustic Potash by End Use Applications - Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Other Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 1991 through 2000 (includes corresponding Graph/Chart) III-73
• Table 96: Middle East 20-Year Perspective for Industrial & Caustic Potash by End Use Applications - Percentage Breakdown of Unit Consumption for Fertilizers, Computer & TV Monitors, Food & Pharmaceuticals, Crystal & Ceramics, Soap, and Others for 1991, 1995, 2005, 2010 (includes corresponding Graph/Chart) III-73

IV. COMPETITION

• 1. Agrium, Inc. (Canada) IV-1
• Table 97: First Quarter Sales Analysis: 2005-2006 (In US$ billion) IV-2
• Table 98: Annual Sales Analysis: 2004-2005 (In US$ billion) IV-2
• Table 99: Annual Sales Analysis by Quarter: 2004-2005 (In US$ billion) IV-3
• Table 100: Annual Sales Analysis by Segment: 2004-2005 (In US$ billion) IV-3
• Table 101: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ billion) IV-3
• 2. Altair Chimica SpA (Italy) IV-9
• 3. Arab Potash Company (Jordan) IV-10
• Table 102: Annual Sales Analysis: 2004-2005 (In JD million) IV-10
• Jordan Bromine Co. (Jordan) IV-11
• 4. Armand Products Company (USA) IV-12
• 5. Asahi Glass Co., Ltd. (Japan) IV-13
• Table 103: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, September) (In ¥ billion) IV-13
• Table 104: Nine Months Sales Analysis by Business Segment: 2005-2006 (Nine Months Ended, September) (In ¥ billion) IV-14
• Table 105: Nine Months Sales Analysis by Geographic Region: 2005-2006 (Nine Months Ended, September) (In ¥ billion) IV-14
• Table 106: Annual Sales Analysis: 2004-2005 (In ¥ billion) IV-14
• 6. Ashta Chemicals, Inc. (USA) IV-17
• 7. Asia Pacific Potash Corporation Ltd. (Thailand) IV-18
• 8. Atul Ltd. (India) IV-19
• Table 107: Annual Sales Analysis: 2004-2006 (INR million) IV-20
• 9. BASF AG (Germany) IV-21
• Table 108: First Quarter Sales Analysis: 2005-2006 (In € billion) IV-26
• Table 109: Annual Sales Analysis: 2004-2005 (In € billion) IV-26
• BASF Corporation (USA) IV-40
• BASF Japan Ltd. (Japan) IV-46
• 10. Belaruskali (Belarus) IV-47
• 11. Biopharm, Inc. (USA) IV-47
• 12. Companhia Vale Do Rio Doce (Brazil) IV-48
• 13. Compass Minerals International, Inc. (USA) IV-52
• Table 110: Half Yearly Sales Analysis: 2005-2006 (H1) (In US$ million) IV-54
• Table 111: Half Yearly Sales Analysis by Quarter: 2005-2006 (H1) (In US$ million) IV-54
• Table 112: Half Yearly Sales Analysis by Segment: 2005-2006 (H1) (In US$ million) IV-54
• Table 113: Annual Sales Analysis: 2004-2005 (In US$ million) IV-54
• Table 114: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-54
• Table 115: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-55
• Table 116: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-55
• 14. Daiso Co., Ltd. (Japan) IV-56
• 15. Deepak Fertilisers & Petrochemicals Corporation (India) IV-57
• Table 117: Annual Sales Analysis: 2004-2005 (In INR million) IV-58
• 16. Deltrex Chemicals (Australia) IV-58
• 17. Electrochemical Industries (1952) Ltd. (Israel) IV-59
• 18. ERCO Worldwide (USA), Inc. (USA) IV-60
• 19. Farmanova SA de CV (Mexico) IV-61
• 20. Galvanolyte S.A. De C.V. (Mexico) IV-62
• 21. Hawkins, Inc. (USA) IV-63
• Table 118: First Quarter Sales Analysis: 2006-2007 (In US$ million) IV-65
• Table 119: First Quarter Sales Analysis By Business Segments: 2006-2007 (In US$ million) IV-65
• Table 120: Annual Sales Analysis: 2005-2006 (In US$ million) IV-65
• Table 121: Annual Sales Analysis by Business Segment: 2005-2006 (In US$ million) IV-66
• Table 122: Annual Sales Analysis by Quarter: 2005-2006 (In US$ million) IV-66
• 22. Ineos Chlor Ltd. (UK) IV-67
• 23. Intrepid Mining LLC (USA) IV-69
• 24. Israel Chemicals Limited (ICL) (Israel) IV-70
• Table 123: First Quarter Sales Analysis: 2005-2006 (In US$ million) IV-72
• Table 124: First Quarter Sales Analysis by Segment: 2005-2006 (In US$ million) IV-72
• Table 125: Annual Sales Analysis: 2004-2005 (In US$ million) IV-72
• Table 126: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-72
• Table 127: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-73
• ICL Fertilizers (Israel) IV-73
• Dead Sea Works Ltd. (Israel) IV-74
• 25. JCI Jones Chemicals, Inc. (USA) IV-76
• 26. Jiangsu Guangming Chemical Co., Ltd. (China) IV-77
• 27. JSC PhosAgro (Russia) IV-78
• 28. JSC Phosphorit (Russia) IV-79
• 29. JSC Silvinit (Russia) IV-80
• 30. Kali And Salz Beteiligungs AG (K+S) (Germany) IV-82
• 31. KG Chemical Corporation (Korea) IV-83
• 32. New Era Creation Pvt., Ltd. (India) IV-84
• 33. Nile Chemicals (India) IV-85
• 34. Nippon Soda Co., Ltd. (Japan) IV-86
• 35. Nu-Gro Corporation (Canada) IV-88
• 36. Occidental Chemical Corporation (USA) IV-89
• Basic Chemicals Company LLC (USA) IV-90
• 37. OCI Chemical Corporation (USA) IV-92
• 38. Olin Corporation (USA) IV-93
• Table 128: Half Yearly Sales Analysis: 2005-2006 (H1) (In US$ million) IV-95
• Table 129: Half Yearly Sales Analysis by Segment: 2005-2006 (H1) (In US$ million) IV-95
• Table 130: Annual Sales Analysis: 2004-2005 (In US$ million) IV-95
• Table 131: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-95
• Table 132: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-96
• Table 133: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-96
• 39. Potash Corporation (Canada) IV-98
• Table 134: First Quarter Sales Analysis: 2005-2006 (In US$ million) IV-99
• Table 135: First Quarter Sales Analysis by Segment: 2005-2006 (In US$ million) IV-99
• Table 136: Annual Sales Analysis: 2004-2005 (In US$ million) IV-100
• Table 137: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-100
• Table 138: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-100
• Table 139: Annual Sales Analysis by Geographic Segment: 2004-2005 (In US$ million) IV-100
• 40. Produits Chimiques De Loos (France) IV-103
• 41. Qinghai Salt Lake Potash Co., Ltd. (China) IV-104
• 42. Rot Quimica SA de CV (Mexico) IV-105
• 43. S.C. Chimopar SA (Romania) IV-106
• 44. Sociedad Quimica Y Minera De Chile SA (Chile) IV-108
• Table 140: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, September) (In US$ million) IV-108
• Table 141: Annual Sales Analysis: 2004-2005 (In US$ million) IV-109
• 45. Sree Rayalaseema Alkalies And Allied Chemicals Ltd. (India) IV-111
• 46. Terra Industries, Inc. (USA) IV-112
• Table 142: Half Yearly Sales Analysis: 2004-2006 (H1) (In US$ million) IV-113
• Table 143: Half Yearly Sales Analysis by Segment: 2005-2006 (H1) (In US$ million) IV-113
• Table 144: Half Yearly Sales Analysis by Geographic Region: 2005-2006 (H1) (In US$ million) IV-113
• Table 145: Annual Sales Analysis: 2004-2005 (In US$ million) IV-113
• Table 146: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-114
• Table 147: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-114
• Table 148: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-114
• 47. Tessenderlo Chemie NV (Belgium) IV-116
• 48. Thasco Chemical Co., Ltd. (Thailand) IV-117
• 49. The Mosaic Co. (USA) IV-118
• Table 149: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, February) (In US$ million) IV-119
• Table 150: Nine Months Sales Analysis by Segment: 2005-2006 (Nine Months Ended, February) (In US$ million) IV-119
• Table 151: Nine Months Sales Analysis by Geographic Region: 2005-2006 (Nine Months Ended, February) (In US$ million) IV-119
• Table 152: Annual Sales Analysis: 2004-2005 (In US$ million) IV-120
• Table 153: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-120
• Table 154: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-120
• Table 155: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-120
• 50. Toagosei Co., Ltd. (Japan) IV-122
• Table 156: Annual Sales Analysis: 2004-2005 (In ¥ million) IV-123
• Tsurumi Soda Co., Ltd. (Japan) IV-124
• 51. Tokyo Ohka Kogyo Co., Ltd. (Japan) IV-125
• Table 157: Annual Sales Analysis: 2004-2006 (In ¥ billion) IV-126
• 52. Trans-Resources, Inc. (USA) IV-127
• 53. Unid Co., Ltd. (Korea) IV-129
• 54. Uralkali (Russia) IV-130