LSB Industries announced today that its over-budget, behind-schedule ammonia plant is finally operational.
UPDATED: 03/22/2018 — see Change Log
OWNER: El Dorado Chemical Company (LSB Industries Inc)
PROJECT: Nitrogen production complex, brownfield ammonia plant
SUMMARY STATUS: Operational
El Dorado has been producing nitrogen since 1944, when the US army built the Ozark Ordnance Works. LSB Industries began construction on its new ammonia plant in November 2013 but costs spiraled out of control and start-up was delayed. LSB's share price fell off a cliff, followed by sweeping changes in management; the company was stabilized by a financing deal and asset sales, and LSB's plants may still be up for sale. The new ammonia plant started up in May 2016 and has been producing above nameplate capacity.