Helm, IC Rail to build new UAN terminal

Tampa-Helm Fertilizer Corp. has announced that it has entered into a long-term lease agreement with IC Rail Marine Terminal to construct a 60,000 ton capacity UAN solution terminal in Convent, La. Construction of the terminal is planned to coincide with the startup of the AUM UAN plant in Trinidad, which is scheduled to commence operation in October 2009. This plant will produce 1.4 million mt of UAN solution per annum, with Helm the sole marketer of the production. The Convent, La., location, accessible by ocean-going vessels, will serve as one of the principle distribution points for Helm in North America. Helm says this terminal, combined with Helm’s existing network of owned and leased terminals, will enable the company to provide reliable and consistent service to barge, rail, and truck customers in key UAN markets.