Introducing TopChem, Investimus Foris subsidiary for Pollock

Investimus Foris has yet to make any announcements about its ammonia plant retrofit at Pollock, LA, but it has clearly made significant progress over the last few months.

The Lithuanian company established its US operating subsidiary, TopChem Pollock LLC, in October 2015. It assumed ownership of the plant site in December 2015, inheriting the unpaid environmental permitting fees of the previous owners. And it submitted its air permit application to LDEQ in March 2016.

You can find updated project information, gleaned from the air permit application, in the Research Note for the Pollock, LA, ammonia plant.

The original schedule called for construction to begin in the second quarter of 2016. Even though the air permit will be expedited, construction cannot begin until the permit is approved, which probably means that the project is somewhat delayed. Nonetheless, the start-up date for the plant, assuming financing is in place, remains late 2018.

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