CF Industries sees roughly $2 billion price tag for U.S. blue ammonia facility -Breaking
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© Reuters. FILE PHOTO : This is a general view of the CF Industries Plant in Billingham, Britain. September 20, 2021. REUTERS/Lee SmithCHICAGO (Reuters) – CF Industries (NYSE:) 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 is the world’s biggest producer of ammonia and Mitsui, a prominent ammonia merchant, announced that this week, they will jointly build the greenfield ammonia plant.
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