UPDATED: 11/05/2015 — see Change Log
OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant[memberful does_not_have_subscription=”1314-ammonia-industry-annual-subscription,1311-ammonia-industry-monthly-subscription,3338-ammonia-industry-30-day-subscription”]
COST (reported): Not announced
JOB CREATION (reported): Not announced — see Job Openings [LINK]
START-UP DATE (reported): 2014 last announced
| CAPACITY | USGS[1] | COMPANY[2] | PERMIT[3] | ADJUSTED[4] |
|---|---|---|---|---|
| Ammonia | [None given] | [Membership required] | [Membership required] | |
| Units: stpd, stpy, mtpd, mtpy = short/metric tons per day/year. [1] United States Geological Survey (USGS) Mineral Yearbook, Nitrogen gives capacity in metric tons per year, calculated as “engineering design capacity adjusted for 340 days per year of effective production capability,” rounded to three significant digits. Source: most recent year, Table 4: Domestic Producers of Ammonia, http://minerals.usgs.gov/minerals/pubs/commodity/nitrogen/. [2] Company does not specify ammonia capacity. [3] [Membership required]. Sources: linked below. [4] [Membership required]. See Methodology. |
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ADDITIONAL INFORMATION
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[memberful has_subscription=”1314-ammonia-industry-annual-subscription,1311-ammonia-industry-monthly-subscription,3338-ammonia-industry-30-day-subscription”]SUMMARY STATUS: Financing Phase – in Bankruptcy Protection
This site may yet be developed if one of BioNitrogen’s proof-of-concept plants in Florida ever gets built. BioNitrogen entered Chapter 11 bankruptcy protection in November 2015.
COST: $300 million estimate
JOB CREATION: 52 permanent, 250 construction — see Job Openings [LINK]
START-UP DATE: None, 2017 last estimate, originally 2014
LIKELIHOOD: Dead — see Methodology
| CAPACITY | USGS[1] | COMPANY[2] | PERMIT[3] | ADJUSTED[4] |
|---|---|---|---|---|
| Ammonia | 100,107 mtpy | |||
| Urea | 520 stpd 179,000 stpy |
172,184 mtpy | ||
| Units: stpd, stpy, mtpd, mtpy = short/metric tons per day/year. [1] United States Geological Survey (USGS) Mineral Yearbook, Nitrogen gives capacity in metric tons per year, calculated as “engineering design capacity adjusted for 340 days per year of effective production capability,” rounded to three significant digits. Source: most recent year, Table 4: Domestic Producers of Ammonia, http://minerals.usgs.gov/minerals/pubs/commodity/nitrogen/. [2] Company presentations, company does not specify ammonia capacity. [3] No air permit applications. [4] Adjusted Capacity is in metric tons per year assuming operations for 365 days per year; urea capacity based on company presentations, daily capacity; ammonia capacity estimated as required feedstock for urea capacity. See Methodology. |
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FEEDSTOCK: Biomass (woody)
END PRODUCTS: Urea
RESEARCH NOTES:
[Update pending …] BioNitrogen’s Hardee County plant in Florida was going to have been the first of its proposed biomass-to-urea projects. It was originally slated to enter production in 2014, with a groundbreaking ceremony announced for the third quarter of 2013 – this never happened. The project may move forward but no revised schedule has yet been announced.
The first $2 million capital was confirmed in December 2013. The feedstock feasibility study was completed in February 2014 – a requirement for full project financing, which will include $175 million in Florida State bonds and a 10-year, 80% county tax abatement.
Feedstock supply contracts are in place for 350,000 tons of biomass per year; the Hardee site received biomass deliveries from CF Industries’ phosphate mining operations; it is unclear what impact on feedstock supply, if any, came from the 2014 sale of CF’s operations to Mosaic. [/memberful]
View larger map with all ammonia plants.
ADDRESS: Hardee County, Florida, United States
WEBSITE: http://www.bionitrogen.com/
REGULATORY SOURCES:
- USGS: Minerals Yearbook, Nitrogen [RECENT / ARCHIVE]
- US Securities and Exchange Commission filings: EDGAR Search Results, Bio Nitrogen Holdings Corp CIK#: 0001015979 [LINK]
- OTC Markets filings: BioNitrogen LLC [LINK]
NEWS SOURCES:
- 11/04/2015: Wall Street Journal: BioNitrogen Files for Chapter 11 Bankruptcy Protection [LINK]
- 11/04/2015: BioNitrogen press release: BioNitrogen Holdings Corp. Files for Chapter 11 Protection [LINK]
- 12/13/2013: BioNitrogen press release: BioNitrogen Receives Financing for the Initial Plant Site [LINK]
- 08/27/2013: BioNitrogen press release: BioNitrogen Receives Final Approval on Hardee County Site Development Plan From Hardee County Planning and Zoning Board [LINK]
- 08/15/2013: BioNitrogen press release: BioNitrogen Holdings Corporation Signs Agreement With the Casale Group for Ammonia and Urea Plant Technology [LINK]
- 06/24/2013: BioNitrogen press release: BioNitrogen Corporation Selects CCC Group, Inc. Construction Firm to Build Hardee County Plant [LINK]
- 02/27/2013: BioNitrogen press release: BioNitrogen Corporation Signs Exclusive Agreement With CF Industries for Biomass Supply [LINK]
- 02/19/2013: BioNitrogen press release: BioNitrogen Receives Florida Governor’s Approval to Allocate up to $175 Million in Tax Free Bonds [LINK]
- 01/08/2013: BioNitrogen press release: BioNitrogen Corporation Acquires 600 Acres of Land in Hardee County, Florida [LINK]