Sioux City-Terra Nitrogen Co. LP (TNCLP) reported net income of $57.1 million ($3.02 per lp unit) on revenues of $177.4 million for the second quarter ending June 30, 2007, compared to the year-ago net income of $17.4 million ($.92 per lp) on sales of $119.2 million. First-half net income was $92.4 million ($4.90 per lp) on revenues of $305.6 million, versus the year-ago $14.9 million ($.79 per lp) and $214.6 million, respectively. TNCLP announced a cash distribution for the second quarter of $3.00 per lp payable Aug. 27, 2007, to holders of record as of Aug. 9, 2007.
Transparency Across the Fertilizer Value-Chain