The company also reported quarterly net earnings per common unit of US$0.92.
For the full year of 2017, the company is expecting CAPEX to be approximately US$30 million – US$35 million.
According to Reuters, Terra Nitrogen’s sales volumes in 3Q17 for ammonia grew by 18%, whilst sales volumes for UAN increased by 9%, compared to the same quarter of the previous year.
Read the article online at: https://www.worldfertilizer.com/nitrogen/14112017/terra-nitrogen-releases-3q17-results/
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The companies have signed a non-binding MOU to explore potential business partnerships related to production and decarbonisation of local fertilizer and industrial products.