biz news

Nutrien announces strategic actions to cut costs amid economic headwinds

Aug 3, 2023 | 12:31pm

Nutrien Ltd. is indefinitely pausing its potash production ramp-up and suspending work on its Geismar clean ammonia project after a period of “unprecedented volatility” in fertilizer markets, said chief executive Ken Seitz on Thursday. Persistent uncertainty in global crop input markets over the past 18 months have been a challenge, and helped lead to significantly […]