Clean ammonia project shuttered

Jun 18, 2024

Nutrien said it’s no longer pursuing its Geismar clean ammonia project as part of a move to simplify its portfolio and focus on its core assets.

The Saskatoon-based company announced last year it was suspending the project after a period of unprecedented volatility in fertilizer markets.

It also announced at the time it was indefinitely pausing a planned ramp-up in potash production.

In May, Nutrien president and CEO Ken Seitz said the company was encouraged by strong demand and continued market stabilization in the first quarter of the year.

The company is prioritizing investments to enhance its North American fertilizer production assets, among other initiatives.

The announcement was made in a press release ahead of its annual investor day.

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Video: Why the Fertilizer Crisis Won’t End When the Iran War Does

The fertilizer crisis didn’t start with war — it revealed a system already under strain.

Seed World U.S. Editor Aimee Nielson breaks down what’s really happening in global fertilizer markets and why the impact on farmers may last far longer than current headlines suggest. Featuring insights from global fertilizer expert Melih Keyman and industry leaders Chris Abbott and Chris Turner, this conversation explores:

Why fertilizer supply was already tight before geopolitical disruption

What the Strait of Hormuz and global trade routes mean for input availability

How rising nitrogen prices are crushing farmer margins

Why this crisis could affect seed choices, crop mix and acreage decisions

The hidden risks around phosphate and sulfur supply

Why experts say this situation may get worse before it gets better

Even if tensions ease, the underlying issues — supply constraints, investment gaps and purchasing behavior — are still in play.

Watch to understand what this means for farmers, the seed industry and the future of global food production.