Printer Friendly
The Free Library
19,585,946 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Agrium Finalizes Agreement to Acquire Astaris Assets at Conda, Idaho.


Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--March 8, 2004

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
)(TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
: AGU) - Agrium Inc. announced today that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Nu-West Industries Inc. ("Nu-West"), has finalized an agreement with Astaris Production LLC ("Astaris") to immediately acquire ownership of certain Astaris assets at Nu-West's Conda, Idaho phosphate operation. This agreement was negotiated as part of Astaris's decision to cease production of purified phosphoric acid at the Conda facility in October of 2003. As part of the agreement, Nu-West will acquire Astaris's equipment at the Conda site, along with various mining assets and phosphate rock reserves in Southeast Idaho, which will be utilized to increase phosphate fertilizer production and extend the life of our phosphate rock reserves.

Agrium Inc. is a leading global producer and marketer of agricultural nutrients and industrial products and a major retail supplier of agricultural products and services in both North America and Argentina. Agrium produces and markets three primary groups of nutrients: nitrogen, phosphate and potash, as well as micronutrients This is a list of micronutrients.

Vitamins
  • Vitamin A (retinol)
  • Vitamin B complex
  • Vitamin B1 (thiamin)
  • Vitamin B2 (riboflavin)
. Agrium'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.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Mar 8, 2004
Words:195
Previous Article:United Community Financial Corp. Announces Final Results of Tender Offer.
Next Article:BPM Partners Expands Globally to Service the Growing European Performance Management Market.
Topics:



Related Articles
Agrium Subsidiary to Operate Industrial Grade PPA Unit.
Morrison Knudsen Awarded Four-year Contract Extension From Agrium in Idaho.
MARKETING NEWS.
AT CLOSING NEWS.
Agrium Signs Agreement to Acquire Ownership of Astaris Assets at Conda, Idaho.
Filipino tobacco paper assets purchased.
Agrium Inc. has reached an agreement in principle with Imperial Oil to acquire its Western Canadian fertilizer distribution assets.
Astaris to open R & D facility.
Agrium Inc. announced that it has successfully acquired control of Royster-Clark.
Agrium Inc., Calgary, AB, announces it has entered into an agreement to acquire certain fixed assets and inventory of Pursell Technologies Inc.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles