SIOUX CITY, Iowa, Sept. 25 /PRNewswire/ --
Terra Nitrogen Company, L.P. (TNCLP) (NYSE: TNH) reported today that it
has recalled the laid-off employees at its Blytheville, Ark., facility and
expects to resume production on or about October 1. Production was suspended
on June 10, 2001, because ammonia and urea selling prices and natural gas
costs did not provide positive cash flow. The Blytheville facility's
production capacity represents 29 percent of TNCLP's total nitrogen production
capacity.
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,
selling prices of nitrogen fertilizer products and natural gas costs), changes
in product mix, changes in the seasonality of demand patterns, changes in
weather conditions, changes in agricultural regulations, and other risks
detailed in the "Factors That Affect Operating Results" section of TNCLP's
current annual report.
Note: Terra Industries' news announcements are also available on its web
site, http://www.terraindustries.com , and by fax at no charge by calling
800-758-5804, code 437906.
SOURCE Terra Nitrogen Company, L.P.
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Related links:
http://www.terraindustries.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/106067.html
CONTACT:
Mark Rosenbury of Terra Nitrogen Company,
L.P., +1-712-279-8756
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