Agrium hints at N expansion

Calgary — Last week Agrium Inc. President and CEO Michael Wilson hinted that Agrium might be looking at some nitrogen brownfield and/or greenfield opportunities; however, the company said it could not further elaborate until the company’s June 13 Investor Day. Wilson said that after the IFA conference in Doha he would be heading to Central Europe to look at potential opportunities. In the meantime, Wilson said the company’s retail business is just now moving into Brazil, and that it is currently in Chile and Uruguay, in addition to Argentina. Wilson was speaking at the BMO Capital Markets Farm to Market Conference.