Agrium Announces Ammonia Plant in Argentina has Resumed Production.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--Oct. 10, 2000 Agrium Inc. (NYSE NYSE See: New York Stock Exchange :AGU AGU Aoyama Gakuin University, Tokyo, Japan AGU American Geophysical Union AGU Arabian Gulf University (Bahrain) AGU All Grown Up (TV show) AGU Aguascalientes, Aguascalientes, Mexico ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AGU.) ("Agrium") announced that the ammonia plant of Profertil S.A. located in Bahia Blanca Ba·hí·a Blan·ca A city of eastern Argentina on the Bahía Blanca, an inlet of the Atlantic Ocean southwest of Buenos Aires. It is a major shipping and commercial center. Population: 314,000. Noun 1. , Argentina resumed production, sending the first ammonia to storage on October 6, 2000. Profertil S.A. is 50% owned by Agrium Inc. and 50% owned by Repsol YPF, S.A.. On August 28, 2000, the Buenos Aires provincial regulatory agency regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. Secretaria de Politica Politica is the undergraduate journal of the Department of Political Science at the University of California, Berkeley. Politica solicits original student essays on topics broadly political. Ambiental ordered the plant shutdown following an accidental discharge of ammonia during the start-up of the urea plant. The commissioning and start-up of this plant is under the direction and control of the contractor, Snamprogetti-Techint, until contractual guarantees are achieved. Government officials investigated the accidental discharge with the contractor and determined that the ammonia plant met all regulatory requirements and approved its start-up. Similar investigations are complete for the urea plant and Profertil is awaiting approval from the regulatory authorities. Agrium Inc. is a leading global producer and marketer of fertilizer in North America and a major retail supplier of agricultural products and services in both North America and Argentina. The Corporation produces and markets four primary groups of fertilizers: nitrogen, phosphate, potash and sulphur. The Corporation's strategy is to grow through incremental expansion of its existing operations and acquisitions as well as the development, commercialization and marketing of new products and international opportunities. |
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