Agrium Announces Shutdown of Redwater No. 1 Ammonia Plant.Business Editors CALGARY, ALBERTA--(BUSINESS WIRE)--Sept. 6, 2000 Agrium (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :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 .) (NYSE NYSE See: New York Stock Exchange :AGU) Agrium Inc. (TSE and NYSE: AGU) ("Agrium") announced today that the Redwater redwater red urine; see hemoglobinuria, hematuria, myoglobinuria, phenothiazine, phenolphthalein, xanthorrhoea. redwater fever see babesiosis. No. 1 ammonia plant will be shutdown due to current market conditions. The operational status of the plant will be continually evaluated, taking into consideration the Corporation's overall product supply and demand situation and cost structure. Redwater No. 1 is the smaller of two ammonia plants at Redwater and its closure will not affect other production at that facility. Redwater No. 1 accounts for approximately 10% of the Corporation's current North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. gas consumption. Shutting down the facility reduces the Corporation's exposure to unhedged gas accordingly. Agrium Inc. is a leading global producer and marketer of fertilizer 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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