WINNIPEG, Manitoba (Reuters) – Nutrien Ltd, the world’s biggest fertilizer producer, intends to follow through on plans to expand production capacity of potash and nitrogen, despite a sharp pullback in potash demand due to high prices, its chief executive said on Thursday.
“We view this as a temporary lull and our confidence in the outlook for the fundamentals of our business has not changed,” CEO Ken Seitz said on a conference call.
(Reporting by Rod Nickel in Winnipeg)
