OCI’s Iowa nitrogen plant, shown here under construction in 2015. (OCI.nl)

Fertilizer firm CF Industries to buy OCI assets

Reuters — U.S. fertilizer maker CF Industries said on Thursday it will buy OCI NV’s North American and European plants for US$6 billion, making CF the world’s largest publicly-traded nitrogen company. The stock and cash deal comes 10 months after CF’s merger talks with Yara International collapsed. It marks the largest fertilizer M+A deal since


Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

CF ends merger talks with Yara

Reuters — U.S. fertilizer firm CF Industries said it has dropped merger talks with Norway’s Yara International after the fertilizer makers were unable to agree on terms of a deal. Yara and CF said last month they were in early-stage talks about a “merger of equals” that would create a US$27 billion rival to the