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Stock Market & Financial Investment News

News Breaks
February 25, 2014
10:01 EDTAGUAgrium board approves nitrogen debottleneck expansion in Texas
Agrium announced that its board has approved an expansion at its nitrogen facility in Borger, Texas. The expansion project will add a new urea production unit of approximately 610,000 tonnes, of which approximately 100,000 tonnes will be Diesel Emission Fuel grade urea. DEF is used to reduce nitrogen oxide emissions in diesel vehicles and this product will help diversify our end-markets. The project will also increase the annual ammonia capacity for the facility by approximately 145,000 tonnes, bringing the total annual gross ammonia capacity to approximately 635,000 tonnes. The total capital cost of the project is expected to be approximately $720M. Construction will fully commence in March, with completion expected in the second half of 2015. During this construction period, the Borger facility is expected to operate at normal production rates.
News For AGU From The Last 14 Days
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December 19, 2014
09:44 EDTAGUOTR Global upgrades Nitrogen and Potash/Phosphate
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December 11, 2014
08:16 EDTAGUBHP sees potash as focus for growth in China, WSJ reports
Mining giant BHP Billiton said it is focusing on potash as an area of strategic growth in China, with Mike Henry, a president for BHP saying potash "can be our fifth pillar, adding to the four key markets of iron ore, oil and natural gas, copper and coal that the company had identified previously, reported The Wall Street Journal. Other publicly traded companies in the potash space include Agrium (AGU), Intrepid Potash (IPI), Mosaic (MOS), Potash (POT). Reference Link
December 10, 2014
12:04 EDTAGUUSDA lowers 2014/15 soybean ending stock forecast
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07:56 EDTAGUUBS to hold a conference
Agriculture Investor Day is being held in Chicago on December 10.

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