Local newspapers reported two pieces of very interesting news at the end of last week, regarding the pipeline of proposed ammonia plants in the US.
UPDATED: 05/01/2017 — see Change Log
OWNER: Magnida (Magnolia Nitrogen Idaho LLC / Egypt Kuwait Holding Company)
PROJECT: Greenfield nitrogen fertilizer plant
In September 2016, local news reports implied that Magnida was winding down. The project was first announced in 2013, as a revitalized fertilizer version of a power plant initially proposed in 2005. Magnida's equity was originally committed in full, but became uncertain when costs escalated and the project met with resistance, finally the sponsor pulled out and new equity partners could not be found.
The American Falls greenfield is dead. Long live the American Falls greenfield.
The old Southeast Idaho Energy ammonia project – a clean coal, ~600,000 ton per year greenfield – bit the dust a while back. The new Magnida ammonia project – a natural gas, 828,000 ton per year greenfield – revives the project. New business plan, new corporate entity, same people. Read more