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

This post was originally published on this site

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.