CALGARY - Fertilizer producer Agrium Inc. (TSX:AGU) says construction is underway for the $28-million project designed to double production at its ESN facility in New Madrid, Missouri.
The Calgary-based company said the expansion at its Agrium Advanced Technologies operations will add another 136,000 tonnes to its output, bringing it to a targeted capacity level of 246,000 tonnes per year at the operations.
The Missouri facility produces ESN, which is a controlled release nitrogen fertilizer.
Construction of the project is scheduled to finish in the third quarter.
"We are very excited about this expansion. Not only will it increase our production capacity so that we can continue to meet current ESN demand in North America, it will also prepare us for continued growth for this unique product going forward," said Agrium Advanced Technologies president Andrew Mittag in a release.
Late last year Agrium approved a one-million tonne expansion to its Vanscoy potash mine in Saskatchewan. The project will increase capacity by 50 per cent at a cost of $1.5 billion. Construction is scheduled to begin this year and wrap up in 2014.
