Skip to main content

Nitrogen+Syngas 400 Mar-Apr 2026

17 March 2026

CF takes write-down on green ammonia project

CF takes write-down on green ammonia project

CF Industries has reported a $51 million impairment in its most recent accounts due to the abandoning of its 20MW green hydrogen facility at the company’s huge Donaldsonville, Louisiana fertilizer complex. The alkaline electrolysis unit had been planned to feed green hydrogen to produce up to 20,000 t/a of green ammonia. The company says that it will focus instead on more economically attractive blue ammonia production.

Latest in North America

Devon and Coterra merger creates shale major

Devon Energy has signed a definitive merger agreement with Coterra Energy. The companies say that the combination will create a leading shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The companies say that they have identified $1 billion in annual pre-tax synergies which, together with technology-driven capital efficiency gains and optimised capital allocation will drive near and long-term per share growth.