Nutrien no longer pursuing Geismar clean ammonia project

Nutrien says it's no longer pursuing its Geismar clean ammonia project as part of a move to simplify its portfolio and focus on its core assets.

The company made the announcement in a press release ahead of its annual investor day. 

The Saskatoon-based company announced last year it was suspending the project after a period of unprecedented volatility in fertilizer markets. 

It also announced at the time it was indefinitely pausing a planned ramp-up in potash production.