Wesfarmers Limited (ASX:WES) has delayed the start date for expansion of its ammonium nitrate facilities in Western Australia.
Despite booming demand, the $550 million project has been put on hold.
In June production was on track to begin in early 2014. But now, production is not expected until June 30 of that year.
If approved production would increase to 780,000 tonnes a year.
Wesfarmers annual net profit rose to $1.9 billion in the year to June 30, 2011.