CF Industries forms JV with JERA and Mitsui to build world's largest low-carbon ammonia plant in Louisiana

CF Industries Holdings, Inc.

JV ownership: CF 40%, JERA 35%, Mitsui 25%; JERA has conditional option to reduce to minimum 20%.
Plant cost ~$4B, CF invests additional ~$550M for infrastructure; annual capacity 1.4M tonnes, startup 2029.
CO2 sequestration via 1PointFive (OXY subsidiary): ~2.3M tonnes/yr, expect 45Q tax credits.
CF to operate and maintain plant; each partner handles offtake per ownership.
Technip Energies and Topsoe awarded EPC and technology contracts.

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