Deerfield, Ill.-CF Industries Holdings Inc. is eyeing global opportunities, and a possible nitrogen joint venture with Terra Industries Inc. in Trinidad is still on the table – this according to CF President and CEO Stephen Wilson, in a conference with analysts last week. Wilson said the company is seeking to go global by mergers and acquisitions, and noted that it still has no captive production offshore. He said he likes the natural gas term sheet for the proposed Trinidad jv, but so far the government has been unable to free up a site as a village would have to be moved. He said the jv would likely be among the last of the more lucrative gas deals struck, with the government likely to seek higher prices for future projects. In the meantime, Wilson said the feeling at CF is that 88-89 million acres of corn were planted this spring, undercutting USDA intentions. However, he said this range is fine with CF.
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