Amid uncertainty in the world’s fertilizer supply, Nutrien announces capacity expansion

Amid uncertainty in the world’s fertilizer supply, Nutrien announces capacity expansion

A global fertilizer supplier says it’s increasing production and capacity because of volatility in world energy, agriculture and fertilizer markets.

Nutrien says it will ramp-up potash production by 40 percent by 2025 in response to supply uncertainties from Eastern Europe.

Interim President and CEO Ken Seitz says global supply constraints have contributed to higher commodity prices, input costs and food security concerns.

The company says it will move forward with previously announced plans to add more than 500,000 tons of capacity to its production capabilities by 2025.

    

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