CF Industries

“we have advanced our pilot project with POET, the world's largest producer of biofuels and with retailers in the U.S. to enable the production of low-carbon ethanol.”

CF's pilot with POET, described as the world's largest biofuels producer, aims to build a low-carbon ammonia/fertilizer supply chain for low-carbon ethanol production.

“Turning to Blue Point, our joint venture with JERA and Mitsui, the project has progressed well from positive FID in April through hitting all our planned milestones by the end of the year.”

Mitsui is a JV partner in CF's Blue Point low-carbon ammonia project, which has progressed well from positive FID through all planned milestones.

“Turning to Blue Point, our joint venture with JERA and Mitsui, the project has progressed well from positive FID in April through hitting all our planned milestones by the end of the year.”

JERA is a JV partner in CF's Blue Point low-carbon ammonia project, which has hit all planned milestones and secured offtake and Japanese government contract-for-difference awards.

“We have 2 world-class equity partners, JERA and Mitsui with us in this venture”

Mitsui is one of two equity partners with CF on the Blue Point ammonia joint venture, contributing resources and expertise on the large-scale capital project.

“We have 2 world-class equity partners, JERA and Mitsui with us in this venture”

JERA is one of two equity partners with CF on the Blue Point ultra-low emissions ammonia joint venture in Louisiana, a multibillion-dollar growth project.

“They've talked about with Petrobras bringing several of those plants back online, that's going to take some time.”

Restart of Brazilian urea capacity by Petrobras would add competing nitrogen supply, but CF expects it to be slow, supporting a tight global balance.

“For the Blue Point project, we, along with JERA and Mitsui, have been building out the project team and have begun ordering long lead time items.”

Mitsui is a partner in CF's Blue Point ultra-low-carbon ammonia JV alongside JERA.

“For the Blue Point project, we, along with JERA and Mitsui, have been building out the project team and have begun ordering long lead time items.”

JERA is a partner in CF's Blue Point ultra-low-carbon ammonia JV; the venture is staffing up and ordering long-lead equipment.

“The one thing I would mention is Exxon was granted a draft Class 6 permit for its Rose-CCS project in July and the comment period for that with the EPA ended earlier this week.”

CF relies on ExxonMobil's Rose CCS project (Class 6 permit) to permanently sequester CO2 captured at Donaldsonville; Exxon's permit progress underpins CF's low-carbon ammonia economics.

“the joint venture signed an agreement with industry leader, Linde, to build and operate the air separation unit which will supply nitrogen and oxygen for the ammonia production process.”

CF's Blue Point ammonia JV contracted Linde to build and operate its air separation unit supplying nitrogen and oxygen, a new industrial-gas supply win for Linde.

“also the purchases that come into the U.K. and also our LSB agreement where we purchased some of their ammonia tons, and then additionally, our point leases”

CF purchases ammonia tons from LSB Industries under an existing agreement, contributing to elevated COGS this quarter.

“we have an ongoing active dialogue with our partner, ExxonMobil. And they have a number of different alternatives, and different permits that are in kind of advanced stages.”

ExxonMobil is CF's partner for carbon dioxide storage tied to the Donaldsonville carbon capture and sequestration project, with permitting options still being finalized.