CF Industries Announces Formation of Joint Venture for Low-Carbon Ammonia Production

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announced the formation of a joint venture, Blue Point Number One, LLC, with JERA Co., Inc. and Mitsui & Co., Ltd. for the construction, production, and offtake of low-carbon ammonia. CF Industries holds a 40% ownership stake, JERA holds 35%, and Mitsui holds 25% in the joint venture. JERA had a conditional option to reduce its ownership to 20% if a certain condition was met, which has now expired.

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About Cf Industries Holdings Inc.

Cf Industries Holdings Inc. is a leading manufacturer and distributor of nitrogen and other specialty fertilizers. The primary function of the company is to enhance the agricultural productivity of its customers, which include both farmers and agricultural communities globally. With its robust production capabilities, Cf Industries operates world-class manufacturing complexes primarily in the United States and Canada, ensuring a stable supply of nitrogen-based fertilizers, such as ammonia, urea, and urea ammonium nitrate. These products are vital to the agricultural sector, contributing significantly to crop yield improvements and global food production efficiency. Additionally, the company focuses on operational excellence and sustainability initiatives, aiming to reduce carbon emissions and energy consumption across its facilities. Cf Industries' strategic role in the agricultural supply chain underscores its importance in meeting the rising global demand for food amidst environmental and economic challenges. As such, the company is a key player in supporting sustainable agricultural practices and the advancement of food security worldwide.