Fertilizer Plant Suspends Operations.Fertilizer manufacturer Terra Nitrogen Co. L.P. of Sioux City, Iowa <noinclude></noinclude> Sioux City (IPA: [su: 'sɪti]) is a city located in northwest Iowa in the United States. As of the 2000 census, the city had a total population of 85,013. , plans to suspend ammonia ammonia, chemical compound, NH3, colorless gas that is about one half as dense as air at ordinary temperatures and pressures. It has a characteristic pungent, penetrating odor. and urea production at its Blytheville plant and lay off 71 workers until selling prices increase or natural gas costs decline to the point where the facility can operate with positive cash flow. The Blytheville plant represents 29 percent of Terra's ammonia manufacturing and 100 percent of its urea manufacturing capacity. The suspension affects about 75 percent of the plant's work force and company officials expect the layoff Layoff 1. When a company eliminates jobs regardless of how good the employees' performance. 2. A risk reduction, made by investment bankers, that minimizes the potential downside associated with a commitment to purchase and sell a stock issue unsubscribed by stockholders holding to last anywhere from three to six months. Terra said it will continue to operate its Blytheville ammonia and urea storage and shipping facilities. With 2000 revenue of $1 billion, Terra is a leading international producer of nitrogen products and methanol methanol, methyl alcohol, or wood alcohol, CH3OH, a colorless, flammable liquid that is miscible with water in all proportions. Methanol is a monohydric alcohol. It melts at −97. . |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion