SIOUX CITY, Iowa, Feb. 27 /PRNewswire-FirstCall/ --
Terra Nitrogen Company, L.P. (TNCLP) (NYSE: TNH) announced today that it has
ceased production at its Blytheville, Ark. facility and has placed it on
standby because of high natural gas prices. In addition, one of the two
Verdigris, Okla., ammonia plants has been placed on standby.
Production plans for March will be announced in the near future.
Terra Nitrogen Company, L.P. is a leading manufacturer of nitrogen
fertilizer products.
Information contained in this release, other than historical information,
may be considered forward-looking. Forward-looking information reflects
management's current views of future events and financial performance that
involve a number of risks and uncertainties. The factors that could cause
actual results to differ materially include, but are not limited to, the
following: changes in financial markets, general economic conditions within
the agricultural industry, competitive factors and price changes (principally
nitrogen fertilizer selling prices and natural gas costs), changes in product
mix, changes in the seasonality of demand patterns, changes in weather
conditions, changes in governmental regulations and other risks described in
the "Factors That Affect Operating Performance" section of TNCLP's current
annual report.
Note: Terra Nitrogen Company, L.P.'s news announcements are also
available on Terra Industries' web site, http://www.terraindustries.com .
SOURCE Terra Nitrogen Company, L.P.
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Related links:
http://www.terranitrogen.com
http://www.terraindustries.com
Company News On-Call:
http://www.prnewswire.com/comp/106067.html
CONTACT:
Mark Rosenbury for Terra Nitrogen Company,
L.P., +1-712-279-8756, mrosenbury@terraindustries.com
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