CF Industries (CF), JERA Execute Joint Development Agreement
CFCF(CF) Zacks Investment Research·2024-04-18 21:16

CF Industries Holdings, Inc. (CF) stated that it has executed a joint development agreement (JDA) with JERA Co., Inc. to develop greenfield low-carbon ammonia production capacity at CF Industries' Blue Point Complex in Louisiana. The JDA will guide JERA and CF Industries' review of a joint venture agreement to construct a low-carbon ammonia plant with a capacity of roughly 1.4 million metric tons. JERA is considering acquiring a 48% share in the project, as well as a deal to procure more than 500,000 metric ...