Agrium Inc. to Re-evaluate Midwest Nitrogen Project.CALGARY, Alberta--(BUSINESS WIRE)--Oct. 3, 1996--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 ) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AGMIF) announced today that it has evaluated the timing of its proposed Midwest nitrogen project and decided not to proceed at this time. "We remain optimistic that market demand for nitrogen fertilizers will eventually create a requirement for additional production capacity in the U.S. Midwest," said John M. Van Brunt, Agrium President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , "but we have concluded that the timing of the project is premature." CONTACT: Agrium Inc. Dick Nichols, 403/258-5746 dnichols@Agrium.com |
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