IHS Chemical Week

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

Terra's Profits Soar on High Selling Prices

12:46 PM MDT | April 24, 2008 | Michelle Bryner

Terra Industries reported earnings of $100.2 million (97 cts/share), up compared with earnings of $5.9 million (6 cts/share) for the year-ago period. The 2007 results included a one-time loss on early retirement of debt of $38.7 million. Sales increased 39.8%, to $574.7 million, primarily due to higher nitrogen selling prices, which more than offset the increase in natural gas costs. “Terra benefited in the first quarter from the continuing positive relationship between strong commodity grain prices and nitrogen demand, which supported healthy nitrogen...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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

ihsCopyright © 2015 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