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El Dorado to supply nitric acid to Bayer for 7 more years

3:57 PM MDT | July 1, 2013 | Clay Boswell

Bayer MaterialScience has extended El Dorado Nitrogen’s contract to supply nitric acid for another seven years, says LSB Industries (LSB; Oklahoma City, OK), El Dorado’s corporate parent. El Dorado “has enjoyed a mutually beneficial working relationship with Bayer since 1998, and we look forward to continuing this relationship under the new extended agreement,” says Jack Golsen, LSB Chairman and CEO. Under the agreement, effective July 1, 2014, El Dorado will continue to charge Bayer for nitric acid on a cost-plus...

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