CF Industries Holdings, Inc. (CF) BMO Global Farm to Market Conference (Transcript)

CF Industries Holdings, Inc. (NYSE:CF) BMO Global Farm to Market Conference May 15, 2025 8:45 AM ET

Company Participants

Greg Cameron – CFO
Amanda Pascavage – VP of Product Management, Ammonia

Conference Call Participants

Joel Jackson – BMO Capital Markets

Joel Jackson

All right. We’re going to go on to our next session here. It’s a fireside chat with CF Industries, one of the world’s largest North America — one of the world’s largest nitrogen producers. So we’re joined by Greg Cameron, CFO; and Amanda Pascavage, who’s the VP of Product Management for Ammonia.

So maybe we could kick off and talk a little bit about — why don’t you give a little state of the union. So what’s going on with CF right now? You’ve had some big announcements to the market, some of your longer-term plans.

Greg Cameron

Yes. So things are good right now at CF. I’ve been with the company just over 10 months and joined as the CFO. And since that time, we have been doing very well. The market has been very constructive for the nitrogen market. Pricing is very healthy for us. Our plants are operating safely and productively, and we’re making a lot of product that’s moving very quickly into the market. We made a big announcement just last month that we are going to create a joint venture with Mitsui and JERA and build a new plant in Louisiana, which we refer to as Blue Point that is going to use a technology, autothermal reforming and make over 1.4 million metric tons of blue ammonia. Part of that will move east into Asia, Western Asia, and then we’ll keep 40% of the economics and the product can move it there. So very excited to be part of the team, very exciting time for CF.