Pasadena Economic Development | Phone: 713.475.4908 | 1114 Davis, Suite 303 | Pasadena, TX 77506

Agrifos LLC/Rentech Nitrogen Partners, LP

09/01.2012

Source: Market Watch

Rentech Nitrogen Partners, L.P. announced on November 1 that it has entered into a definitive agreement with Agrifos Holdings Inc. to purchase all of the membership interests of Agrifos LLC, for an initial purchase price of $158 million. Agrifos owns and operates a plant in Pasadena, Texas, that produces primarily ammonium sulfate fertilizer. The initial consideration is to consist of $138 million of cash, to be provided through an amended credit facility, and $20 million of common units of Rentech Nitrogen.



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