IPL News: RPT-UPDATE 2-CF Industries to buy Incitec Pivot's U.S. ammonia plant in $1.68 bln deal - 20th Mar 2023, 7:16pm

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March 20 (Reuters) -

CF Industries Holdings, the world's top ammonia producer, will buy the U.S. manufacturing facility of Australia's Incitec Pivot Ltd in a $1.68 billion deal, the companies said on Monday.

The sale of the facility in Waggaman, Louisiana (WALA) is in line with the Australian fertiliser maker's ongoing restructuring plan, which will see the company spin off its explosives manufacturing business - Dyno Nobel.

Incitec has...

>>> Read more: RPT-UPDATE 2-CF Industries to buy Incitec Pivot's U.S. ammonia plant in $1.68 bln deal
 
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