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TO LOWER THEIR production costs, IMC Global Inc., CF Industries, and Cargill Fertilizer Inc. have signed a letter of intent to form a joint venture that will remelt sulfur for use at their respective Florida phosphate fertilizer operations.
The three companies say the project is being undertaken to ensure a reliable, diversified and environmentally responsible sulfur supply that will improve their competitiveness in the global market for phosphate fertilizers. The new...