CF Industries, JERA, Mitsui Form $4 Billion JV To Build Low-Carbon Ammonia Plant In Louisiana
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 09 2025
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Source: Benzinga
Joint Venture Formation: CF Industries has formed a joint venture with JERA Co., Inc. and Mitsui & Co., Inc. to build a $4 billion ammonia production facility in Louisiana, where CF will hold 40% ownership, JERA 35%, and Mitsui 25%. The facility aims to capture over 95% of CO₂ emissions and is expected to begin production by 2029.
Investment and Market Impact: CF Industries plans to invest $550 million in supporting infrastructure for the project, which is part of a broader strategy to advance low-carbon solutions and strengthen market positions in sustainable energy projects.
Analyst Views on FXZ
Wall Street analysts forecast FXZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
