WINNIPEG, Manitoba, Nov 6 (Reuters) - Nutrien Ltd, the world’s biggest fertilizer producer by capacity, is looking at expanding several nitrogen fertilizer plants in North America due to rising prices, Chief Executive Chuck Magro said on Tuesday. Nitrogen prices have climbed as China’s shutdown of coal-fired plants and high European costs of natural gas, a key ingredient in fertilizer production, have curbed capacity outside North America. (Reporting by Rod Nickel in Winnipeg, Manitoba Editing by Chizu Nomiyama)
Canadian fertiliser giant Shell plans to extend its nitrogen fertiliser production in North America due to higher prices , according to CEO Chuck Magro . China 's closure of coal - fired power plants and the rising cost of natural gas in Europe have curbed production outside of the North American market , leading to higher prices . Nutrien is the world 's largest producer of potash and the second largest producer of nitrogen dioxide .