The recent closure of Nutrien’s operations in Trinidad has sent shockwaves through the local economy, leaving at least 600 workers unemployed. The global chemicals producer had been a cornerstone of the Point Lisas industrial estate for nearly 30 years, serving as a significant foreign exchange generator. The shutdown, while disheartening, has revealed a complex web of consequences and opportunities. Gerald Ramdeen, Chairman of the National Gas Company (NGC), highlighted a silver lining during a November 17 interview, noting that other producers at Point Lisas are benefiting from the redistribution of resources. ‘Almost all plants on the estate are exceeding their daily contractual quantities due to this redistribution,’ he stated. However, Ramdeen’s optimism is tempered by the challenges he faces, such as securing alternative carbon dioxide supplies for the food and beverage industry. Companies like Proman have stepped in to fill the gap, but the long-term implications remain uncertain. The fallout stems from a contentious $500 million invoice issued by an NGC subsidiary for port and pier fees, a move that has been criticized for its lack of transparency and prior warning. This abrupt action has raised concerns about the government’s approach to managing longstanding business relationships. Energy Minister Roodal Moonilal’s earlier statements about revitalizing strategic partnerships with Nutrien contrast sharply with Ramdeen’s current stance, highlighting a lack of cohesion among officials. Moving forward, a clearer roadmap for Point Lisas post-Nutrien is essential to restore confidence and ensure economic stability.
