Agrium Ratchets Down Capex as it Completes Key Projects

SUGAR LAND--February 14, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--North American fertilizer major Agrium Incorporated (NYSE:AGU) (Calgary, Alberta) is ratcheting down growth investment capital expenditures this year as it wraps up key projects. The company expects to spend between $150 million and $200 million in investment (growth) capital for 2017, versus $365 million in 2016, and $647 million in 2015. Within this article: Information on Agrium's recently completed urea expansion project in Borger, Texas. Additional companies: PotashCorp of Saskatchewan Incorporated (PotashCorp) (NYSE: POT)