 |
Terra is a leading international producer of nitrogen products and methanol, ingredients essential to meeting the needs of a growing global population. |  |
 |
|
||||||||||||||||
Terra Industries Inc.
600 Fourth Street
Sioux City, Iowa 51101
(712) 277-1340
Contact
us
Terra Industries Inc.
Frequently Asked Questions
Frequently asked questions about Terra Industries Inc. are organized in these general categories:
Corporate | Ownership | Business Operations | Stock | Financial
Q: What is the difference between Terra Industries Inc. ("Terra"), Terra International, Inc. and Terra Nitrogen Company, L.P. ("TNCLP")?
A: Terra International, Inc. is a wholly owned, indirect subsidiary of Terra. TNCLP is a master limited partnership and the sole limited partner of Terra Nitrogen, Limited Partnership ("TNLP"), owner of the Verdigris manufacturing facility and certain related distribution assets. Terra Nitrogen Corporation, an indirect wholly-owned subsidiary of Terra, is the General Partner of TNCLP and exercises full control over all of TNCLP's business affairs.
Q: What is Inspiration Resources Corporation?
A: Inspiration Resources is the name of Terra Industries’ predecessor company. In 1992 Inspiration Resources changed its name to Terra Industries Inc. The company did not issue new stock certificates when the name changed. Any valid Inspiration Resources stock certificates represent the same number of Terra Industries common shares.
Q: How much stock is owned by Terra’s management, directors and employees?
A: Excluding Anglo American’s ownership position, officers and directors own or have options to purchase more than 2 million shares or nearly a 3% interest in the company. At March 31, 2004, all employees, through the 401(k) Savings and Investment Plan, owned nearly 3 million shares, or nearly 4% of the total shares outstanding.
Q: What percentage of stock is held by institutional investors?
A: Institutional ownership of Terra common shares is approximately 25%; excluding Anglo American shares, institutions hold more than 50% of those common shares.
Q: Who are Terra’s major competitors?
A: In manufactured nitrogen fertilizer, the primary competition is from Agrium, Koch Industries, CF Industries and PCS Nitrogen.
Q: Does Terra have any international sales?
A: At the end of 1997, Terra acquired two nitrogen fertilizer manufacturing facilities in the United Kingdom and made its first expansion into markets outside North America. Terra has had operations in Canada since 1993, when we acquired the Courtright nitrogen manufacturing plant.
Q: What is the outlook for nitrogen?
A: The outlook is mixed. Favorable conditions include tight global supplies of nitrogen products and relatively low global grain supplies. This should result in good demand at relatively high prices. The unfavorable condition is relatively high North American natural gas prices.
Q: Who do I contact if I want to transfer my stock, have a change of address, have lost my stock certificates or have not received a dividend payment?
A: Contact Computershare Trust Company, Terra's transfer agent and registrar. Their telephone number is (781) 575-2724, and their mailing address is:
Computershare Trust Company, N.A.
P.O. Box 43069
Providence, RI 02940-3069
You can also visit their website: www.computershare.com.
Q: What stock exchanges list Terra common stock?
A: The New York and Toronto stock exchanges list Terra common stock under the ticker symbol TRA.
Q: When does Terra announce quarterly results?
A: Earnings announcements are made approximately four weeks after the quarter ends.
See Investor
Information for: |
Disclaimer: Statements in this section that are not historical facts may be forward-looking and involve risks and uncertainties including, but not limited to, market prices for nitrogen and methanol products, the cost of natural gas, industry production levels, business cycles and weather. Please refer to our most recent annual report for a complete discussion of risk factors.