Agrium Announces Temporary Shutdown of Conda Phosphate Plant.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--Oct. 3, 2000 Agrium Inc. (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") announced today that the Conda Phosphate plant is temporarily shutdown as a result of a failure in the wall of a phosphoric acid phosphoric acid, any one of three chemical compounds made up of phosphorus, oxygen, and hydrogen (see acids and bases). The most common, orthophosphoric acid, H3PO4, is usually simply called phosphoric acid. digester di·gest·er n. 1. One that makes a digest. 2. Chemistry A vessel in which substances are softened or decomposed, usually for further processing. Noun 1. tank which resulted in a spill of an acid and slurry mixture. The plant was immediately shutdown and there were no injuries to employees. Environmental containment procedures prevented off-site environmental damage. Agrium immediately began an investigation which will be completed within the next two weeks to determine the cause of the tank failure and identify the extent of the damage. 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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