CF Industries

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CF Industries settles emissions case at 9 plants

CF Industries Holdings said Tuesday that it will pay a $625,000 penalty and spend $17 million on new equipment to settle charges over emissions at nine plants that make nitric acid for fertilizers. Get the full story »

Analyst sees fertilizer shares flat into summer

Food prices still are skyrocketing, yet the rally for one key component — fertilizer — might be petering out. Farmers’ fields are saturated, making it difficult for fertilizer producers to hike prices, one analyst wrote Wednesday. Meanwhile, share prices in fertilizer companies have doubled since July.

Citigroup downgraded top producers Potash Corp. and The Mosaic Co. to “hold” from “buy,” Wednesday, and reduced his price targets for their shares. Get the full story »

Terra doing little to aid CF Industries’ shares

CF Industries Holdings eliminated a key rival when it bought Terra Industries last year, but so far surging corn prices rather than the deal’s benefits have driven the fertilizer producer’s stock. Get the full story »

CF Industries Q4 profit jumps on fertilizer demand

CF Industries Holdings Inc. said quarterly profit spiked due to strong demand for its nitrogen fertilizers, a trend that executives said would only continue in 2011.

The company posted fourth-quarter net income of $200.3 million, or $2.78 per share, compared with $51.4 million, or $1.04 per share, in the year-ago period. Get the full story »

CF Industries to sell 4 fertilizer warehouses

CF Industries Holdings Inc. has agreed to sell four dry fertilizer warehouses to a regional agriculture cooperative, the company said Thursday.

The fertilizer supplier, based in Deerfield, said the space is no longer needed because more dry fertilizer is being shipped directly from factories to consumers. Get the full story »

CF Industries Q3 profit misses, shares fall

CF Industries Holdings Inc. said its quarterly revenue more than doubled, but the fertilizer producer’s profit missed forecasts and it took several one-time charges, sending its shares diving more than 5 percent. Get the full story »

CF Industries Q2 profit harmed by Terra costs

Fertilizer producer CF Industries Holdings Inc. posted a lower-than-expected profit on Thursday as integration costs for recently acquired rival Terra Industries drained profit, sending shares down more than 3 percent in after-hours.

The company spent more than $113 million during the period to integrate Terra, which it bought in March for more than $4.6 billion. Executives said the integration is on track and delivering the cost savings it had expected. Get the full story »

CF Industries laying off some Terra workers

From the Sioux City Journal | Deefield-based CF Industries said Thursday it is extending job offers to some employees at Terra’s former headquarters in Sioux City and notifying others in Sioux City and Deerfield that their jobs will be eliminated. CF acquired Terra in April after a yearlong takeover fight. The resulting merger created the world’s second-largest producer of nitrogen-based fertilizer and the largest in North America.