Profile: Agrium Inc (AGU.TO)
Agrium Inc., incorporated on December 21, 1992, is a producer and distributor of agricultural products and services in North America, South America, Australia and Egypt through its agricultural retail-distribution and wholesale nutrient businesses. The Company supplies growers with products and services, such as crop nutrients, crop protection, seed, and agronomic and application services. The Company categorizes its segments within the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical segments: North America, which includes the United States and Canada, and International, which includes Australia and South America. The Wholesale business unit produces, markets and distributes crop nutrients and industrial products through businesses, including Nitrogen, which includes manufacturing in Alberta, Texas and Argentina; Potash, which includes mining and processing in Saskatchewan; Phosphate, which includes mining and production facilities in Alberta and Idaho, and Wholesale Other, which includes purchasing and reselling crop nutrient products from other suppliers to customers in the Americas and Europe, and producing blended crop nutrients and environmentally smart nitrogen (ESN) polymer-coated nitrogen crop nutrients. The Company's services and solutions include agronomic analysis and advice, field scouting and monitoring, precision agriculture technology and product application services. The Company's subsidiaries include Agrium, a general partnership, Agrium Europe S.A., Agrium U.S. Inc., Agroservicios Pampeanos S.A., Crop Production Services, Inc., Crop Production Services (Canada) Inc., Landmark Operations Ltd. and Loveland Products Inc.
The Company's Retail business unit provides crop protection products and nutritionals under the Loveland Products brand, seed products under the brand names, Dyna-Gro and Proven, and animal health products under the Dalgety brand. It operates over 1,400 facilities across the United States, Canada, Australia and South America. In Australia, the Company provides livestock marketing and auction services and facilitates real estate and insurance services to its customer base. In Canada, the Company also markets crop storage bins, provides fuel sales and services, and offers financial services to its customers. It delivers additional value to growers through its application services provided on a fee-for-service basis. Its crop protection business markets a range of supplier and herbicide, fungicide, insecticide and adjuvant products that help growers minimize yield losses from weeds, diseases and insects. Its Retail business serves as both a retailer of crop protection products to growers and, to a lesser extent, a wholesaler to other retail operators. As part of its Loveland crop protection operations, the Company owns and operates blending and formulation facilities, including production facilities in Greeley, Colorado; Billings, Montana; Greenville, Mississippi; Fairbury, Nebraska; Casilda, Argentina; Buenos Aires, Argentina, and approximately two formulation facilities in Western Australia and Victoria, Australia. It also has an investment in a formulation plant in Winnipeg, Manitoba. It also owns interests in approximately two agricultural biotechnology companies through its Loveland Products, Inc. business.
The Company provides the seed and seed-related information and analysis. Beyond its Dyna-Gro and Proven branded seed, the Company procures and sells seed from global suppliers. Its Dyna-Gro seed specialists license seed traits from suppliers, match seed characteristics to local soil and growing conditions, and research and test these choices. It also has investments in canola and rice plant breeding programs to seed products for these crops. Its canola program has laboratories in Saskatoon, Saskatchewan, and Horsham, Australia, as well as germplasm bank and research farms in Saskatchewan with seed marketed under the brand name, Proven. Its Retail locations also provide seed treatment products and related services, which involve applying crop protection products designed to promote healthy seed germination and early-stage plant growth directly to the seed prior to planting. The merchandise product category includes fencing, feed supplements, livestock-related animal health products, storage and irrigation equipment, and other products. It also includes the fuel and equipment businesses in Canada. It offers services, such as product application, soil and leaf testing, crop scouting and precision agriculture services. It maintains a fleet of application equipment and other rolling stock to ensure applications of both nutrients and crop protection products. Its Australian operations also offer livestock marketing, as well as various insurance and real estate services.
The Company's Wholesale business unit produces and markets approximately three crop nutrients with a capacity of approximately six million tons of nitrogen, approximately three million tons of potash and over one million ton of phosphate. The Company owns and operates approximately five nitrogen production facilities in North America and has a joint venture interest in Profertil S.A. (Profertil), which owns a South American nitrogen facility. It also owns approximately four facilities in North America that upgrade ammonia to other nitrogen products, such as urea-ammonium nitrate (UAN) and nitric acid. These facilities have a combined annual nitrogen production capacity of approximately 5.3 million tons. It also has an equity interest in Misr Fertilizers Production Company S.A.E. (MOPCO), which owns an Egyptian nitrogen facility. The Company produces potash at its facility in Vanscoy, Saskatchewan, and exports international sales through its interest in Canpotex, an industry association owned by approximately three Canadian potash producers and tasked with marketing potash sold outside of Canada and the United States. Its phosphate facilities have the capacity to produce approximately 1.2 million tons of phosphate-based fertilizer products annually. At its facility in Conda, Idaho, it produces monoammonium phosphate (MAP), super phosphoric acid (SPA) and merchant-grade phosphoric acid (MGA) products, which are sold in the Northwestern United States. Its Redwater, Alberta, facility produces MAP for distribution in Western Canada. Its Redwater phosphate facility produces ammonia on-site and sources sulfur locally.
Its other wholesale products comprise ammonium sulfate products produced in Western Canada, ESN and product purchased for resale. It produces ammonium sulfate at its Redwater facility, which is a byproduct from the oil and gas industry. Its Rainbow Plant Food (Rainbow) operations produce nitrogen, phosphate and potash (NPK) products in the Southeastern United States. The Rainbow product line offers homogeneous distribution of NPK products with a combination of nutrients and additional micronutrients contained in each granule. In addition to selling its manufactured products, the Company's Wholesale business unit purchases crop nutrient products from other suppliers for resale to customers in Europe. It has a transportation, storage and warehousing network. Its North American distribution and storage capacity amounts to approximately 2.2 million tons.
13131 Lake Fraser Dr SE
CALGARY AB T2J 7E8
Company Web Links
- BRIEF-Capital Research Global Investors reports a 6 pct passive stake in Agrium as of Dec 30 - SEC Filing
- BRIEF-Agrium has 'strong interest' in seed or chemical lines-CEO
- Fertilizer maker Agrium forecasts less profitable year than expected
- UPDATE 1-Fertilizer maker Agrium forecasts less profitable year than expected
- Fertilizer maker Agrium forecasts less profitable year than expected