Canadian company ends operations in Trinidad

PORT OF SPAIN, Trinidad (CMC)– Trinidad and Tobago former prime minister Stuart Young on Monday blamed the Kamla Persad-Bissessar administration for the decision of Canadian fertiliser giant Nutrien Limited to shut down its Trinidad Nitrogen operations at the Point Lisas Facility in the twin-island republic.

The Canadian company said that it had taken the decision following an extensive review of strategic alternatives and engagement with relevant stakeholders.

“Due to ongoing natural gas constraints and uncertainty, this was determined to be the optimal path to enhance free cash flow and return on invested capital,” Nutrien Ltd said in a statement.