Canada firm plans 380,000 tonne/yr fertilizer plant in New Brunswick

27 February 2013 15:28  [Source: ICIS news]

TORONTO (ICIS)--Canadian firm Atlantic Potash plans to build a 380,000 tonne/year fertilizer facility at Saint John in the country's eastern New Brunswick province, officials said on Wednesday.

The plant would produce potash-based fertilizers – including potassium nitrate and ammonium chloride – for export to Europe and South America after start-up in 2017.

Potash for the plant would be sourced in New Brunswick, Atlantic Potash said. It did not say where it would source natural gas supplies. A company media official was not immediately available for additional comment.

The Canadian dollar (C$) 350m ($340m) project has been granted an option for an 100-acre parcel of land at an industrial park in Saint John, the city said earlier this week.

Atlantic Potash is described as a mineral exploration and development company, with a focus on exploring potash development and production opportunities in southern New Brunswick.

($1 = C$1.03)

By: Stefan Baumgarten
+1 713 525 2653

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