CF Industries
Ammonia producer posts $312 million in quarterly net income, expands decarbonization efforts with new joint venture and CCS investments.
The new facility will be a part of CF Industries’ Blue Point Complex and is planned to start production in 2029. It is expected to be the largest of its kind in the world, with an annual capacity of 1.4 million tons.
CF Industries saw its ammonia segment sales rise to $572 million from $495 million year-over-year.
Collaboration between Trafigura and CF Industries demonstrates the feasibility of using low-carbon ammonia as a marine fuel and highlights the economic and environmental benefits of co-loading different types of cargo.
Earnings drop as agribusiness cooperative faces lower grain prices and refined fuel margins.
Operational efficiency and robust nitrogen demand underpin financial success and shareholder returns.
An article surfaced recently highlighting that Trafigura, one of the world’s largest commodities trading houses, is reportedly preparing for a staggering $1.1 billion hit due to suspected fraud involving employees in its Mongolian oil business.
Strong cash generation and strategic investments mark a successful period despite lower sales and prices.
The company commits $100 million to reduce emissions by 500,000 metric tons annually through a new CCS initiative.
Program to target lower carbon footprint of bioethanol through advanced fertilizers.
New executive brings extensive financial and clean energy expertise to his new role at CF Industries.
Topsoe collaborates with CF Industries to advance low-carbon ammonia production through cutting-edge technology.
Challenging conditions impact production but strong cash generation continues.
Exploring decarbonization opportunities, the companies sign a joint development agreement to establish a significant green ammonia production facility.
CF Industries reported that its fourth-quarter profits fell by 68% year on year as a result of lower fertilizer prices.
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