CF Industries Announces $2.1 Billion Expansion in Louisiana
05 Nov, 2012
On November 1, CF Industries Holdings Inc. announced plans for a $2.1 billion expansion of its Donaldsonville Nitrogen Complex. The Ascension Parish project will result in 93 new direct jobs, 349 retained jobs, estimated 686 new indirect jobs, according to the Louisiana Economic Development Department.
Says Governor Bobby Jindal: “CF Industries has done business in Louisiana for the last 50 years, and we’re proud they’re expanding in our state to produce valuable fertilizer compounds that help our farmers and agriculture industry thrive. CF Industries could have invested in other states but they chose to build here in Louisiana because we have a great business climate, a strong transportation infrastructure and the best workers in the world.”
Covering 1,400 acres, the Donaldsonville complex produces anhydrous ammonia, urea, and urea ammonium nitrate, or UAN, which represent the three nitrogen-based products most heavily used by agricultural, industrial and other markets.
With this expansion, CF Industries expects to increase its product capacity and to enhance the flexibility of its product mix for customers.
To learn more, visit, http://www.louisianaeconomicdevelopment.com.