-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NS7LZyhN+unvKJkxTU+n6VqttdG+nVXgIklH1pqJdU7ecEAPjj2uU9F5CgB1R2xv FK7f9wUo0SILmEfd6unItQ== 0000914760-03-000125.txt : 20030626 0000914760-03-000125.hdr.sgml : 20030626 20030626163643 ACCESSION NUMBER: 0000914760-03-000125 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030626 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TERRA NITROGEN CO L P /DE CENTRAL INDEX KEY: 0000879575 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 731389684 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-43007 FILM NUMBER: 03758921 BUSINESS ADDRESS: STREET 1: TERRA CENTRE 600 FOURTH STREET STREET 2: PO BOX 6000 CITY: SIOUX CITY STATE: IA ZIP: 51102-6000 BUSINESS PHONE: 7122771340 MAIL ADDRESS: STREET 1: TERRA CENTER 600 FOURTH STREET STREET 2: PO BOX 6000 CITY: SIOUX CITY STATE: IA ZIP: 51102-6000 8-K 1 t36797_tn8k.txt JUNE 26, 2003 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): June 26, 2003 TERRA NITROGEN COMPANY, L.P. (Exact name of registrant as specified in its charter) Delaware 1-10877 73-1389684 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) Terra Centre 600 Fourth Street, P.O. Box 6000 Sioux City, Iowa 51102-6000 (712) 277-1340 (Address of Principal Executive Offices, including Zip Code) (Registrant's Telephone Number, Including Area Code) ================================================================================ Item 5. Other Events. On June 26, 2003, Terra Nitrogen Company, L.P. issued the press release contained in Exhibit 99.1 hereto, which is incorporated by reference herein. Item 7. Exhibits 99.1 June 26, 2003 Press Release SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TERRA NITROGEN COMPANY, L.P. By: Terra Nitrogen Corporation Its: General Partner /s/ Mark A. Kalafut ------------------------------------ Mark A. Kalafut Vice President, General Counsel and Corporate Secretary Date: June 26, 2003 EX-99.1 3 t36797_tn8kx99.txt PRESS RELEASE [LOGO] Terra Industries Inc. ------------ 600 Fourth Street EXHIBIT 99.1 P.O. Box 6000 ------------ Sioux City, IA 51102-6000 Telephone: (712) 277-1340 Telefax: (712) 277-7383 www.terraindustries.com ================================================================================ NEWS ================================================================================ For immediate release Contact: Mark Rosenbury (712) 279-8756 TERRA NITROGEN COMPANY, L.P. SUSPENDS PRODUCTION AT BLYTHEVILLE FACILITY Sioux City, Iowa (June 26, 2003)-- Terra Nitrogen Company, L.P. (TNCLP) (NYSE symbol: TNH) reported today that it will suspend ammonia and urea production at its Blytheville, Ark., facility and lay off about 60 employees, or nearly 65 percent of its Blytheville workforce. The production suspension is due to continued high natural gas prices and the seasonal decline in nitrogen fertilizer demand and prices. The Blytheville facility, which represents 29 and 100 percent, respectively, of TNCLP's total ammonia and urea manufacturing capacity, will resume production when ammonia and urea selling prices increase and/or natural gas costs decrease to the point where the facility can operate with positive cash flow. Terra Nitrogen Company, L.P. is a leading manufacturer of nitrogen fertilizer products. Information contained in this release, other than historical information, may be considered forward-looking. Forward-looking information reflects management's current views of future events and financial performance that involve a number of risks and uncertainties. The factors that could cause actual results to differ materially include, but are not limited to, the following: changes in financial markets, general economic conditions within the agricultural industry, competitive factors and price changes (principally nitrogen fertilizer selling prices and natural gas costs), changes in product mix, changes in the seasonality of demand patterns, changes in weather conditions, changes in governmental regulations and other risks described in the "Factors That Affect Operating Performance" section of TNCLP's current annual report. # # # Note: Terra Nitrogen Company, L.P. news announcements are also available on Terra Industries' web site, www.terraindustries.com. -----END PRIVACY-ENHANCED MESSAGE-----