Tag: Jacobs

Busy week for Midwest Fertilizer

A flurry of press releases regarding Midwest Fertilizer / Fatima Group’s Mt Vernon greenfield. Contracts to KBR for a 2,200 ton per day ammonia plant, and Jacobs Engineering Group for project management. New details released: confirming my original guess of project scale, at 800,000 tons per year; construction to begin Nov ’14, take three years. I assume delays, so start-up 2018. I still think this project is “possible” – but I won’t call it “likely” until they break ground. KBR booked the contract value (undisclosed) into its backlog for 4Q2013.