PotashCorp has “successfully completed” the ammonia expansion at Lima, OH.
They “brought production back online” in late October, after a 7-week turnaround that started in August, according to their Q3 2015 earnings call last week.
PotashCorp’s accompanying Q3 2015 presentation described the Lima project as “on time and budget,” and said that we can “expect [an] incremental 100Kmt of ammonia capacity for 2016.”
I’d point out, however, that the expansion’s air permit cites a far larger capacity.
The presentation also reiterated PotashCorp’s previous statements about further nitrogen expansions in the US, saying that they are “reviewing other high-IRR brownfield projects; exploring other low-cost opportunities.”
While nobody’s said anything specific here, I assume we’re talking about the expansion at Geismar, where a potential ~380,000 mtpy of new ammonia capacity has already received air permits, but hasn’t been given the green light by management, yet.
I had understood that PotashCorp’s investment decision for the Geismar project might be made in October, but I’ve heard nothing yet.
I’m very curious to learn what their other “low-cost opportunities” might be …
For full details on PotashCorp’s nitrogen plants, see my Research Notes for Lima, OH, Geismar, LA, and Augusta, GA.