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CF Industries Benefits from Low Natural Gas Prices in Third-Quarter 2012, Expects Strong Agricultural Demand

chemical_processing

Industry Segment: Chemical Processing | Word Count: 987 Words

SUGAR LAND--November 7, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--CF Industries Holdings Incorporated (NYSE:CF) (Deerfield, Illinois), the holding company for CF Industries Incorporated, which is a worldwide leader in nitrogen and phosphate fertilizer manufacturing and distribution, reported record quarterly earnings in the third quarter of 2012, as sales costs retreated and customers focused on rebuilding inventories, despite lower nitrogen sales and phosphate prices. Net earnings for the quarter were reported to be $403.3 million, a 21.88% increase from third-quarter 2011. Industrial Info is tracking more than $2.6 billion in projects involving CF, including the planned expansion of a urea plant in Medicine Hat, Alberta.


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