CF Industries inks deal with Keytrade
DEERFIELD -- CF Industries Holdings Inc. agreed to acquire a 50 percent ownership position in Keytrade AG, a global fertilizer trading organization headquartered near Zurich, Switzerland, the two companies announced. Purchase price for the acquisition, which is expected to close in the fourth quarter, will be about $25 million. Keytrade, founded in 1997, buys fertilizer, primarily nitrogen products but also phosphate and potash, in 35 countries and markets it in 65 countries.
UL to certify water-saving faucets
NORTHBROOK -- Underwriters Laboratories announced that it will provide testing and certification services for high-efficiency lavatory faucets and faucet accessories for the Environmental Protection Agency's WaterSense program. High-efficiency lavatory faucets are the most recent product category added to EPA's WaterSense initiative, which was launched in February to safeguard the U.S. water supply by identifying and promoting water-efficient products and services.