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CF Industries sees roughly $2 billion price tag for U.S. blue ammonia facility

05/05/2022

Less than a minute

2022.05.05 18:16

CF Industries sees roughly $2 billion price tag for U.S. blue ammonia facility
FILE PHOTO: A general view of the CF Industries plant in Billingham, Britain September 20, 2021. REUTERS/Lee Smith

CHICAGO (Reuters) – CF Industries (NYSE:CF) expects a U.S. blue ammonia production facility planned with Mitsui & Co to cost about $2 billion, Chief Executive Tony Will said on Thursday.

CF Industries, the world’s largest producer of ammonia, and Mitsui, a leading ammonia marketer, said this week they intend to jointly develop the greenfield ammonia facility.

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05/05/2022

Less than a minute