Terra forms Environmental Technologies Division

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Terra forms Environmental Technologies Division

SIOUX CITY, IOWA, Nov. 4 -/E-Wire/-- Terra Industries Inc. (NYSE symbol: TRA) announced it has formed the Terra Environmental Technologies Division to develop sales and services to customers using nitrogen products to reduce nitrogen oxides (NOx) and other emissions from various sources, including power plants; and in other environmental processes, such as water treatment. Terra Environmental Technologies will design and deliver products that meet customer specifications and actively participate in developing and implementing emission control technologies and regulations.

Barry Lonsdale, currently Terra Canada Managing Director, is President of the new division, which consists of several Terra people from various locations filling sales, technical, logistics, environmental and safety roles. Lonsdale earned a B.S. in Applied/Natural Sciences and Economics from the University of Western Ontario. He has more than 25 years' experience in various areas of the chemical industry, including a position as North American Vice President of Lever Industries, a Unilever Company. He joined Terra in 1997 as Plant Manager of its Courtright, Ont., nitrogen manufacturing facility, and in 2001 was promoted to Managing Director of Terra International (Canada), Inc.

"This market is an exciting opportunity for Terra," said Terra President and CEO Michael Bennett. "It allows us to reach a new customer base with products we already manufacture and services that we are already capable of providing. Through our Environmental Technologies Division, we see Terra becoming a valued partner to industrial customers facing increasingly demanding environmental standards."

Terra Industries Inc., with 2002 revenues of $1 billion, is a leading international producer of nitrogen products and methanol.

This news release may contain forward-looking statements, which involve inherent risks and uncertainties. Statements that are not historical facts, including statements about Terra Industries Inc.'s beliefs, plans or expectations, are forward-looking statements. These statements are based on current plans, estimates and expectations. Actual results may differ materially from those projected in such forward-looking statements and therefore you should not place undue reliance on them. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements is set forth in Terra Industries Inc.'s most recent report on Form 10-K and Terra Industries Inc.'s other documents on file with the Securities and Exchange Commission. Terra Industries Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Note: Terra Industries' news announcements are also available on its web site, www.terraindustries.com.

Terra Industries Inc

http://www.terraindustries.com

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