Nutrien is putting an indefinite pause on its potash ramp up because of the volatility in the global crop input markets over the last 18 months. That’s according to President and CEO, Ken Seitz, who says Nutrien continues to see demand strengthen in key markets, particularly in North America, however the process of recovery has been more uneven in offshore markets.
A news release from Nutrien explains that the original plan was to increase potash production capability to 18 million tonnes in response to market conditions, but that is now on hold. The goal is also to lower capital expenditures by about $200 million this year. The second quarter results for Nutrien include net earnings of $48 million.
















