CF/CHS supply agreement takes effect

摘要

CF Industries kicked off its long-term supply agreement with CHS on 1 February by delivering its frst loads of urea and UAN to the farmer-owned cooperative. The $2.8bn supply agreement allows CHS to purchase up to 1.1m st/yr of granular urea and 580,000 st/yr of UAN from CF. The agreement, which was signed in August, also gives CHS a minority equity interest in CF Industries Nitrogen, a CF subsidiary.