Grannus awarded two contracts for design and technology licensing in November, and it has started December with a third announcement, naming its new EPC partner.
Yesterday's announcement, which sees the previous engineering partner entirely replaced, focuses on the company's business model, which is not to be an ammonia producer, but to be a global licensor of regional-scale ammonia plant technology.
SUMMARY STATUS: Planning phase
Grannus has been working to commercialize its polygeneration "Eureaka Process" since 2013, when it was a runner-up for Sustainability at the Cleantech Open. In 2015, the company closed its Series A financing, to fund engineering and feasibility work on its commercial-scale demonstration plant in California. In early 2016, Grannus awarded the engineering design contract but then, in late 2016, gave the contracts to other companies.
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.