Cultivating Excellence Fact Book 2015–2016
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history<br />
In 1998, Agrium expanded into the Argentina market with<br />
a 50 percent ownership in Profertil S.A. with production in<br />
Bahía Blanca, Argentina. In 2005, Agrium acquired the Western<br />
Canadian fertilizer distribution assets from Imperial Oil.<br />
In 2008, Agrium acquired a 70 percent equity position in<br />
Common Market Fertilizers S.A. (CMF), one of Western<br />
Europe's largest fertilizer distribution companies; in April<br />
2010 the remaining 30 percent was also acquired and CMF<br />
became Agrium Europe.<br />
In 2014, Agrium completed the tie-in of the brownfield expansion<br />
of the Vanscoy Potash Operations in Saskatchewan,<br />
Canada, and we will continue to ramp up production to the<br />
full one million incremental tonnes over the next year. The<br />
construction of our 610,000 tonne urea expansion of our<br />
Borger, Texas nitrogen facility is scheduled to be completed<br />
by the end of 2016.<br />
In 2008, Agrium entered into an agreement with MOPCO<br />
of Egypt, whereby MOPCO acquired the previous EAgrium<br />
project, and EAgrium shareholders obtained a 26 percent<br />
equity interest in the combined entity. The combined entity<br />
includes an existing 650,000 tonne urea facility. In late 2009,<br />
MOPCO secured financing for tripling the production of the<br />
existing nitrogen facility.<br />
Vanscoy Potash Operations – April 2016<br />
Saskatchewan, Canada<br />
FACT BOOK <strong>2015–2016</strong> Agrium 05