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Stock impact report

Japan's JERA secures government subsidy for US ammonia imports [Yahoo! Finance]

CF Industries Holdings, Inc. (CF) 
Last cf industries holdings, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4533245
Company Research Source: Yahoo! Finance
difference between ammonia and coal prices, as it aims to ?start importing ammonia from its planned U.S. plant in 2029. In April, JERA formed a joint venture ?with CF Industries and trading house Mitsui to build one of the world's largest low-carbon ammonia facilities in Louisiana for about $4 billion, called the Blue Point project. JERA plans to import low-carbon ammonia produced at Blue Point to use ?at its Hekinan thermal power ?station in central Japan - which is pursuing commercial-scale ammonia substitution to reduce use of coal - as well as to ?other commercial and industrial customers. JERA has invested across the ammonia value chain, and aims to start commercial co-firing of 20% ammonia with coal at its Hekinan No. 4 ?unit in the fiscal year starting in April 2029. JERA, jointly owned by ?Tokyo Electric Power and Chubu Electric Power, plans to offtake about 500,000 metric tons of ammonia annually from Blue Point. CF Industries holds a 40% stake in the Blue Point JV, Show less Read more
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