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CF Industries Holdings, Inc. Announces Halt of Operations at UK Facilities
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Rhea-AI Summary
CF Industries (NYSE: CF) has announced the suspension of operations at its Billingham and Ince manufacturing complexes in the UK due to soaring natural gas prices. The company has not provided a timeline for the resumption of production at these facilities. This decision underscores the impact of fluctuating energy costs on manufacturing capabilities.
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Halting operations at Billingham and Ince manufacturing complexes due to high natural gas prices.
Indefinite timeline for resuming production, indicating potential long-term impacts on output and revenue.
DEERFIELD, Ill.--(BUSINESS WIRE)--
CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced that it is halting operations at both its Billingham and Ince, UK, manufacturing complexes due to high natural gas prices. The Company does not have an estimate for when production will resume at the facilities.
About CF Industries Holdings, Inc. At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the company’s website at www.cfindustries.com and encourages those interested in the company to check there frequently.
