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Vol. 8, No. 49 Week of December 07, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Agrium cuts valuation for Alaska plant

Allen Baker

Petroleum News Contributing Writer

Agrium plans to take a charge of $140 million (U.S.) in the fourth quarter to write down the value of its Nikiski, Alaska, fertilizer plant. The Calgary-based corporation made the announcement Dec. 2. When Agrium bought the ammonia and urea plant from Unocal in 2000 a long-term natural gas supply co....


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