Tag: BioNitrogen

Urea production is not carbon sequestration

To make urea, fertilizer producers combine ammonia with carbon dioxide (CO2), but when farmers apply that urea to the soil, an equal amount of CO2 is emitted to the atmosphere. No CO2 is permanently stored or sequestered through the production of urea.

This is a statement of the obvious, I'm told, but it's worth stating for three reasons. First, not everyone knows it. Second, there was zero data in the academic literature supporting the fact, until now (see below). And third, next generation ammonia-urea plants with "zero-emissions" are becoming a reality, despite some of these new technologies relying on fossil fuel feedstocks.

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BioNitrogen in bankruptcy

This week, BioNitrogen filed for Chapter 11 bankruptcy protection.

Hopefully, they'll reorganize and get some traction on their modular biomass-to-urea plants - certainly, they think their assets (patents) are worth more than their debts ($3.5 million) - but they need to convince investors of that, and of their ability to realize their plans (any plans).

BioNitrogen has made so many announcements over the last few years, it's been hard to know what's actually happening.

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Taylor County, FL — BioNitrogen

UPDATED: 11/05/2015 — see Change Log

OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant

SUMMARY STATUS: Financing Phase - in Bankruptcy Protection
Announced in March 2014, county financing incentives approved July and August 2014. This site may yet be developed as BioNitrogen's proof-of-concept, however, BioNitrogen entered Chapter 11 bankruptcy protection in November 2015.

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Hendry County, FL — BioNitrogen

UPDATED: 11/05/2015 — see Change Log

OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant

SUMMARY STATUS: Financing Phase - in Bankruptcy Protection
Ribbon cutting ceremony in May 2014. Awaiting announcement of bond placement and date for start of construction. This site may yet be developed as BioNitrogen's proof-of-concept, however, BioNitrogen entered Chapter 11 bankruptcy protection in November 2015.

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Battle River, AB — BioNitrogen

UPDATED: 11/05/2015 — see Change Log

OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant

SUMMARY STATUS: Financing Phase - in Bankruptcy Protection
To date, no more than a feasibility study. 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.

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Hardee, FL — BioNitrogen

UPDATED: 11/05/2015 — see Change Log

OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant

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.

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Pointe Coupee, LA — BioNitrogen

UPDATED: 11/05/2015 — see Change Log

OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant

SUMMARY STATUS: Financing Phase - in Bankruptcy Protection
BioNitrogen wanted to build up to five of its biomass-to-urea plants in Louisiana. The state allocated tax free bonds and other incentives. Nothing happened. 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.

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