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Agrium delays $3-billion US nitrogen fertilizer project

5:27 PM MDT | June 10, 2013

Agrium announced on 4 June that it decided to suspend engineering development on its greenfield nitrogen fertilizer project in the US Midwest and to “focus efforts on attempting to secure a strategic partner and a gas contract for the project at this time.” The total cost for the planned 1.8-million m.t./year facility is estimated to be about $3 billion. Agrium announced in June 2012 that it was planning a nitrogen fertilizer plant in the Midwest to take advantage of low natural gas prices in the United States. Meanwhile, a decision on Agrium’s brownfield...

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