CF Industries Forms Low-Carbon Ammonia Joint Venture with JERA and Mitsui
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CF Industries Holdings Inc. has formed a joint venture named Blue Point Number One, LLC, with JERA Co., Inc. and Mitsui & Co., Ltd. The venture will focus on low-carbon ammonia construction, production, and offtake. CF Industries owns 40% of the venture, while JERA and Mitsui hold 35% and 25%, respectively. An option for JERA to reduce its stake below 35% has expired.
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