CF Industries Holdings acquired Waggaman ammonia production facility (from Incitec Pivot / Dyno Nobel Louisiana Ammonia) for USD 1.675 billion, a transaction announced in March 2023.
Asset purchase of an 880,000-ton/year ammonia complex in Waggaman, Louisiana, adjacent and pipeline-connected to CF's Donaldsonville complex, supporting CF's low-carbon/clean ammonia strategy (includes a ~$425M long-term ammonia offtake to Dyno Nobel). Closed December 1, 2023.
Asset purchase of an 880,000-ton/year ammonia complex in Waggaman, Louisiana, adjacent and pipeline-connected to CF's Donaldsonville complex, supporting CF's low-carbon/clean ammonia strategy (includes a ~$425M long-term ammonia offtake to Dyno Nobel). Closed December 1, 2023.
CF Industries will purchase the Waggaman ammonia plant and related assets for $1.675 billion.
Advisory firms were not disclosed for this transaction.