IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

CF Posts Huge Profit Gain, Announces Billion-Dollar Investment Plan

9:49 AM MDT | August 5, 2011 | Nancy Seewald

CF Industries reported a more than four-fold increase in second-quarter net earnings, to $487.4 million, on sales up 38%, to $1.8 billion. The company cites higher selling prices. Volumes actually fell 2%, to 4.3 million m.t. As a result of the strong gains CF says it will increase its dividend, launch a share repurchase program, and invest in various organic growth initiatives. In its nitrogen segment, sales rose 34%, to $1.5 billion, although volumes fell 4%. In phosphate, sales rose 60%, to $297 million, and volumes were up 17%. “The outlook for North...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa