Mosaic Continues $4.7 Billion in Projects Despite Grim Outlook, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- The Mosaic Company (NYSE:MOS) (Plymouth, Minnesota) has reported a second-quarter 2009 net income of $959.8 million, up 143.6% compared with $394 million in the same period last year. The gain is largely attributed to higher selling prices and a pre-tax gain of $673 million from the sale of the company's stake in fertilizer company Saskferco Products Incorporated. As part of our North American Project Database, Industrial Info is tracking 36 active projects involving Mosaic worth $4.7 billion. The projects range from $1 million maintenance turnarounds to a $1 billion expansion project.

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