LSB Industries subsidiary receives non-renewal notice for ammonia supply pact with Koch; renegotiating terms

LSB INDUSTRIES, INC.

On Sept 7, 2022, El Dorado Chemical received non-renewal notice on Ammonia Purchase Agreement with Koch Fertilizer (dated Nov 2, 2015).
Notice is procedural to prevent automatic renewal; parties are renegotiating to extend supply beyond June 30, 2023.
Current agreement terminates June 30, 2023 if no new terms are reached.

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