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WINNIPEG, Manitoba, Nov 3 (Reuters) – Nutrien Ltd NTR.TO, 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)
((rod.nickel@tr.com; Twitter: @RodNickel_Rtrs; 1-204-230-6043;))
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