georgemiller
Publish Date: Tue, 11 Nov 2025, 06:13 AM
Nov 11 (Reuters) - The boss of German potash and salt miner K+S (SDFGn.DE) , opens new tab has called on Berlin to accelerate permits for raw material extraction projects and ease energy costs, warning that the country’s industrial base is at risk.
"It is unacceptable that, as a raw materials extraction company in Germany, we often have to wait years for important permits. This has to be faster. And it can be faster. Other countries, such as Canada, where we also have production facilities, are showing us how it can be done," said K+S Chief Executive Officer Christian Meyer.
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K+S has invested around 600 million euros ($700 million) in its Werra potash plant, but Meyer said high energy prices were weighing heavily on both the company and the wider economy.
"The situation is so dramatic that, without exaggeration, the future of industry in our country is at stake," he added.
The German chemical sector, the country's third-largest, has been struggling for years with subdued demand, high energy costs, supply chain issues, while global inflation and trade tensions continue to pile on pressure.
"Politicians must understand this and remedy this situation now," Meyer said.
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https://www.reuters.com/business/energy/ks-boss-urges-faster-permits-lower-energy-costs-safeguard-german-industry-2025-11-11/