Nutrien Rides Wave of Fertilizer Demand as Market Tightens, Outlook Brightens
Nutrien Rides Wave of Fertilizer Demand as Market Tightens, Outlook Brightens
Attachment: Nutrien2Q21
SUGAR LAND--August 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--A head-on collision between skyrocketing demand and weak supply is driving crop prices to multi-year highs, benefiting growers and those in related industries, such as fertilizer production. Nutrien Limited (NYSE:NTR) (Saskatoon, Saskatchewan), a leading North American fertilizer producer, expects the beneficial environment "to continue beyond this season and be supportive of crop prices and grower margins into 2022," according to a recent earnings-related report. Industrial Info is tracking more than $2.2 billion worth of active projects from Nutrien, about half of which is attributed to capital-spending projects in the U.S.
Within this article: Details on some of the highest-valued projects across the U.S. from Nutrien, including additions, expansions and overhauls at major ammonia and urea facilities.
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