| Business Summary | | Terra
Nitrogen
Co.
L.P.
is
a
limited
partnership
that
conducts
its
operations
through
an
operating
partnership
subsidiary,
Terra
Nitrogen
L.P.
The
Company
is
engaged
in
the
production
and
marketing
of
both
nitrogen
products
and
methanol
through
the
partnership
of
its
subsidiary
with
Terra
Nitrogen
Corp.,
a
wholly
owned
subsidiary
of
Terra
Industries
Inc.
The
Company
is
one
of
the
largest
U.S.
producers
and
distributors
of
nitrogen
fertilizer
products,
which
are
used
primarily
by
farmers
to
improve
the
yield
and
quality
of
their
crops.
Its
principal
products
include
ammonia,
urea
and
urea
ammonium
nitrate
solution
(UAN).
The
Company's
product
sales
are
heavily
weighted
toward
UAN,
and
all
of
its
products
are
sold
on
a
wholesale
basis. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Terra
Nitrogen
Co.
markets
and
produces
nitrogen-based
fertilizer,
crop
protection
products,
seeds
and
services
for
agricultural,
turf
ornamental
and
other
growers.
TNH
also
produces
nitrogen
products
and
methanol
for
industrial
customers.
For
the
six
months
ended
6/30/01,
total
revenues
decreased
1%
to
$154
million.
Net
income
allocable
to
limited
partners
fell
96%
to
$662
thousand.
Results
reflect
lower
sales
volumes
and
higher
natural
gas
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Burton Joyce, 58 Chairman
of the Company and Pres & CEO, Terra Industries Inc | $622K | Michael Bennett, 46 Pres,
Director of the Company and Exec. Vice, Pres and COO, Terra | 373K | Steven Savage, 55 Sr.
VP - Manufacturing | 236K | Francis Meyer, 48 VP,
Director of the Company and Sr. VP & CFO, Terra I | 281K | George Valentine, 51 VP,
Gen. Counsel of the Company & Sr. VP, Gen. Counsel & Sec., Terra Indus | 225K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|