Nutrien no longer pursuing Geismar clean ammonia project
Advertisement
Read this article for free:
or
Already have an account? Log in here »
We need your support!
Local journalism needs your support!
As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed.
Now, more than ever, we need your support.
Starting at $15.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website.
Subscribe Nowor call circulation directly at (204) 727-0527.
Your pledge helps to ensure we provide the news that matters most to your community!
To continue reading, please subscribe:
Add Brandon Sun access to your Free Press subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $20.00 plus GST for four weeks. After four weeks, your payment will increase to $24.00 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 12/06/2024 (542 days ago), so information in it may no longer be current.
SASKATOON – Nutrien says it’s no longer pursuing its Geismar clean ammonia project as part of a move to simplify its portfolio and focus on its core assets.
The company made the announcement in a press release ahead of its annual investor day.
The Saskatoon-based company announced last year it was suspending the project after a period of unprecedented volatility in fertilizer markets.
It also announced at the time it was indefinitely pausing a planned ramp-up in potash production.
In May, Nutrien president and CEO Ken Seitz said the company was encouraged by strong demand and continued market stabilization in the first quarter of the year.
Nutrien said on Wednesday that the company is prioritizing investments to enhance its North American fertilizer production assets, among other initiatives.
This report by The Canadian Press was first published June 12, 2024.
Companies in this story: (TSX:NTR)