Tag: Phibro

Phibro’s ammonia plant in Indiana – progress in stealth mode

THIS UPDATE IS ONLY AVAILABLE TO SITE MEMBERS

In May 2016, Phibro announced that it was going to invest $450 million to open a half million ton per year ammonia plant in Indiana. There's been precious little news about the project since then, but a lack of news doesn't mean that nothing is happening.

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West Terre Haute, IN — Phibro

UPDATED: 07/18/2017 — see Change Log

OWNER: Philipp Brothers Fertilizer (Phibro LLC / Energy Arbitrage Partners)
PROJECT: Ammonia plant conversion

SUMMARY STATUS: Planning Phase
In January 2016, investors announced plans to re-establish Phibro, the storied commodities trader. Five months later, in May 2016, Phibro purchased the gasification units of a decommissioned "clean coal" power plant, and announced plans to produce ammonia from petroleum coke. Since then there has been no news, except of preparations for debt financing, but project developers describe solid progress.

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