LIMA — Nutrien has officially been formed as merger between PotashCorp and Agrium and the company may bring new opportunities to the plant in Lima.
The merger between PotashCorp, a large fertilizer company, and Agrium, a large agricultural supply firm, formed the multi-billion-dollar company Nutrien, a company with 20,000 employees, six potash mines and locations in 18 countries.
Nutrien is the world’s largest provider of crop inputs and services and helps growers increase food production, according to a news release. The company produces and distributes over 25 million tonnes of potash, nitrogen and phosphate products worldwide. The company also intends to keep fertilizer costs low, which will save approximately $500 million, according to a news release.
Todd Sutton, the general manager at the Nutrien Plant in Lima, said that this merger will provide endless opportunities for the future and has already made a huge difference. He said that the company now has an abundance of retail sites.
“Today we are proud to launch Nutrien, a company that will forge a unique position within the agriculture industry,” said Chuck Magro, President & Chief Executive Officer of Nutrien. “Our company will have an unmatched capability to respond to customer and market opportunities, focusing on innovation and growth across our retail and crop nutrient businesses.”
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