Maximizing Production and Strengthening Our Trinidad Advantage
Our investment in debottlenecking our four Trinidad ammonia units in 2005 and 2006 paid off with record production and added efficiency in 2007. Upgrades at Lima in mid-2006 resulted in much higher and more efficient production there, as well. These investments allowed us to generate higher overall cash flows and margins in this segment.
In the current market and price environment, we continue to evaluate the possibility of additional capacity, perhaps through a fifth ammonia plant at our Trinidad complex and/or further debottlenecking projects at our US plants.