| Terra Industries Inc. together with its subsidiaries ("Terra", "we", "our", or
"us") is a leading North American producer and marketer of nitrogen products,
serving agricultural and industrial markets. In addition to manufacturing
facilities at Port Neal, Iowa; Courtright, Ontario, Canada; Yazoo City,
Mississippi; and Woodward, Oklahoma, we own a 75.3% interest in Terra Nitrogen
Company, L.P. ("TNCLP"), which, through its subsidiary, Terra Nitrogen, Limited
Partnership, operates our manufacturing facility at Verdigris, Oklahoma. We are
the sole general partner and the majority limited partner of TNCLP. In addition,
we own a 50% interest in Point Lisas Nitrogen Limited ("Point Lisas"), an
ammonia production joint venture in the Republic of Trinidad and Tobago. We also
own a 50% interest in GrowHow UK Limited, a nitrogen products production joint
venture with facilities located in the United Kingdom; the GrowHow UK Limited
joint venture was established in September 2007. |
