Terra Nitrogen Company, L.P. produces nitrogen fertilizer products. The company’s principal products are anhydrous ammonia (ammonia) and urea ammonium nitrate solutions (UAN), which the company manufactures at its facility in Verdigris, Oklahoma. The company conducts its operations through an operating partnership, Terra Nitrogen, Limited Partnership (TNLP or the operating partnership, and collectively with TNCLP, the partnership). Terra Nitrogen GP Inc. (TNGP or the general partner), a Delaware corporation, is the general partner of both TNCLP and TNLP and owns a consolidated 0.05 percent general partner interest in the partnership. The company’s principal products are ammonia and urea ammonium nitrate solutions, which the company manufactures at its Verdigris, Oklahoma facility. The company’s nitrogen products are used primarily by farmers to improve the yield and quality of their crops. Seasonality The sales patterns of each of the company’s major products are seasonal. The strongest demand for the company’s products occurs during the spring planting season, with a second period of strong demand following the fall harvest. Wholesale buyers generally build inventories during the low demand periods of the year to timely product availability during the peak sales seasons. Seasonality is greatest for ammonia due to the short application season and limited ability of customers to store significant quantities of this product. The seasonality of fertilizer demand generally results in sales volumes and net sales being the highest during the spring and working capital requirements being the highest just prior to the start of the spring season. Environmental and Other Regulatory Matters The company is subject to various environmental, health and safety laws and regulations, including laws and regulations relating to land reclamation; the generation, treatment, storage, disposal and handling of hazardous substances and wastes; and the cleanup of hazardous substance releases. These laws include the Clean Air Act, the Clean Water Act, the Resource Conservation and Recovery Act, the Comprehensive Environmental Response, Compensation and Liability Act, the Toxic Substances Control Act and various other federal, state and local statutes. The company is subject to greenhouse gas regulations. History Terra Nitrogen Company, L.P. was founded in 1991.
terra nitrogen company lp (TNH:New York)
4 Parkway North
Deerfield, IL 60015
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