CHS Strikes $2.8 Billion Deal With CF Industries for Nitrogen Supply, Axes Major Fertilizer Project in North Dakota, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 08/13/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- CHS Incorporated (St. Paul, Minnesota), the largest farmer-owned cooperative in the U.S., agreed to enter into a strategic venture with CF Nitrogen, a subsidiary of CF Industries Holdings Incorporated (NYSE:CF) (Deerfield, Illinois), a major manufacturer and distributor of . CHS will be entitled to purchase up to 1.7 million tons of urea and urea ammonium nitrate (UAN) annually, at market prices. CHS also agreed to purchase a minority equity interest in CF Nitrogen for $2.8 billion. Industrial Info is tracking more than $1 billion in active projects involving CHS, and more than $4.6 billion involving CF Industries.
Within this article: Details on CHS Incorporated''s plans, including its cancellation of a fertilizer project in North Dakota, and CF Industries'' expansions and additions at two major U.S. facilities involved in the agreement.
For details, , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info''s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what''s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
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Datum: 13.08.2015 - 04:30 Uhr
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News-ID 1378794
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