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Terra Industries Inc. is a leading international producer of nitrogen products for agricultural, industrial and environmental markets. We own and operate six North American nitrogen products manufacturing facilities and own 50% interest in joint ventures in the United Kingdom and The Republic of Trinidad and Tobago. Our headquarters is in Sioux City, Iowa. Terra provides products that are essential to meeting the needs of a growing global population. Our nitrogen product line includes ammonia, urea ammonium nitrate solutions (UAN), ammonium nitrate (AN) and urea. With the capacity to produce about 6.5 million tons of product at our North American facilities annually, Terra is a vital contributor to the markets we serve. Our Mission We seek to enhance our leadership position by being responsible stewards of the environment, protecting the safety of our customers, employees and the public, providing high-quality products, treating employees with respect and challenging them to reach their full potential, maintaining high ethical standards, managing our production facilities in ways that improve their competitiveness and reliability and providing an excellent return to our investors. Our Strategic Vision Terra’s strategies for increasing stockholder value include: Increase manufacturing capacity at our existing facilities to realize higher margins and enhance our market position and improve our long-term earnings capability. Expand business lines—such as Terra Environmental Technologies (TET)—that generate predictable margins and decrease volatility in our business model. Continue to diversify our manufacturing base through opportunistic acquisitions and/or joint ventures. Maintain a comfortable debt level and invest our cash for long-term growth.