Wesfarmers and Nutrien as global leaders in the fertilizer sectorWesfarmers is a leading player in the fertilizer sector in Australia and New Zealand. Wesfarmers was established in 1914 as a co-operative company to serve the Western Australian rural community. Today, Wesfarmers operates in various sectors, including retail, chemical, industrial and safety products.
Nutrien was formed in 2018 after PotashCorp and Agrium completed a merger of equals. Nutrien is one of the largest producers of potash worldwide with a plant capacity of over 20 million metric tons of potassium chloride. The Canadian company also ranks as the third-largest manufacturer of nitrogen fertilizer after companies CF Industries and Yara. In 2022, Nutrien generated a revenue of roughly 37.9 billion U.S. dollars, a figure that has presented a growing trend during the last few years.