Agrium Inc. said today that it has changed its plans with respect to its Borger, Texas, expansion. While the company will continue with the 610,000 mt/y urea facility, it has opted against a 145,000 mt/y ammonia debottleneck. "We have decided not to expand the existing ammonia plant given the high cost and the significantly longer downtime required to complete this portion of the project than was originally planned," Agrium President and CEO Chuck Magro told analysts today. The company anticipates completion of an ammonia facility refresh in the first quarter of 2016 and expects the urea plant to be mechanically complete by the end of 2016. Agrium said the CAPEX for the project remains within 5 percent of the original $720 million estimate.
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