CF Industries Holding Inc, the global agriculture giant, recently announced a joint venture with
JERA Co., Inc., and Mitsui & Co., Inc. The partnership aims for the
production and offtake of low-carbon ammonia, making headlines amidst escalating global climate crisis. The proposed $4 billion facility, to be set up in Ascension Parish, is poised to become the
world's largest low-carbon ammonia facility. Barclays, alongside several other firms, announced sell-offs of stake in CF, while ScotiaBank upgrades CF Industries, adding to mixed market responses. However, strategic development and green initiatives have earned the company
Buy ratings from some quarters. The company reported net earnings of $1.22 Billion for FY 2024. In comparison, Q4 earnings saw CF outperform estimates. Amid the flurry of financial updates, Erik Mayer gets appointed Vice President, Clean Energy Solutions at CF Industries. The company ends 2024 with
CF shares rallying 29% and reports are optimistic about the company's clean energy ventures.
Cf Industries Holding CF News Analytics from Wed, 09 Oct 2024 07:00:00 GMT to Sat, 19 Apr 2025 09:18:40 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor 2
