Nutrien cancels Geismar clean ammonia project due to portfolio simplification and focus on core assets.
Nutrien has announced that it is no longer pursuing its Geismar clean ammonia project as part of a move to simplify its portfolio and focus on core assets. The company made the announcement in a press release ahead of its annual investor day. Last year, Nutrien suspended the project due to unprecedented volatility in fertilizer markets, and also announced an indefinite pause in potash production.
June 12, 2024
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