OREANDA-NEWS. June 07, 2013. Agrium Inc. (TSX and NYSE: AGU) has decided to suspend engineering development on its U.S. nitrogen greenfield project and focus efforts on attempting to secure a strategic partner and a gas contract for the project at this time.

The total projected cost for the planned facility, with total production capacity of about 1.8 million product tonnes, is estimated to approach USD3-billion.

A decision on the brownfield expansion at our Borger Texas facility is still expected in the second half of 2013.

About Agrium

Agrium Inc. is a major Retail supplier of agricultural products and services in North America, South America and Australia and a leading global Wholesale producer and marketer of all three major agricultural nutrients and the premier supplier of specialty fertilizers in North America through our Advanced Technologies business unit. Agrium’s strategy is to provide the crop inputs and services needed to feed a growing world. We focus on maximizing shareholder returns by driving continuous improvements to our base businesses, pursuing value-added growth opportunities across the crop input value chain and returning capital to shareholders.