Sulfur industry insiders wary about reported negotiations between the Freeport/Savage jv and IMC Global

摘要

The proposed joint venture between Freeport McMoRan Sulphur (FSC) and Savage Industries Inc. has come under fire from sulfur market insiders as reports surfaced that the jv is in talks with IMC Global about the possibility of IMC becoming a partner in the jv. One market watcher noted that it was a "point of discussion, concern and nervousness for many in the industry," since a lot of refineries sell to Freeport and the jv would be changed to include IMC, which would no longer be just a consumer.