SUMMARY STATUS: On hold (again)
""Le projet n'est pas mort." In October 2016, IFFCO Canada reduced itself to a skeleton staff, with plans to keep the project "sur la glace" until the urea market recovers. In December 2015, it put the urea plant on hold "until favourable economic conditions prevail." The project had only been "reactivated" in June 2015, having previously been put on "strategic pause" in December 2014. In 2014, its backers coped with snowballing costs and no secure supply of natural gas but, in 2015, it was the market price of urea that dropped too low for the financiers' comfort.
OWNER: Dakota Gasification Company (Basin Electric Power Cooperative)
PROJECT: Existing plant, urea brownfield
SUMMARY STATUS: Commissioning phase
Construction on the new urea plant began in Summer 2014, and would have been complete mid-2017. In 2016, however, destructive storms flattened the new urea storage building, which had to be demolished and the foundations ripped out before construction could restart. Commissioning is now underway, and full start-up is expected early in 2018. Granular urea will now be the 11th product made at the Great Plains Synfuels Plant (the 12th will be DEF), and fertilizers now represent more than 50% of the plant's expected revenues.
SUMMARY STATUS: Financing phase
Awaiting financial close, before project is confirmed and construction can begin; no date yet for groundbreaking. In August 2017, Cronus announced a new EPC partner, a reduced cost for smaller capacity, and a more realistic schedule. The project has been repeatedly postponed over the last few years.
OWNER: PCS Nitrogen LP (Potash Corporation of Saskatchewan / PotashCorp)
PROJECT: Nitrogen plant, restart, expansion and urea brownfield
SUMMARY STATUS: Operational, Planning Phase
The Geismar ammonia plant started up in 1967 but was idled in 2003, due to the high cost of natural gas feedstock. PotashCorp restarted the plant in February 2013 at a cost of $260 million. Air permit documents from 2014 and 2015 reveal plans for significant future expansions. In September 2016, Agrium and PotashCorp announced a potential "merger of equals."
SUMMARY STATUS: Planning phase
Major setbacks in 2016, when the EPC contract was awarded and then fell apart following a corruption scandal and a failure to secure equity financing. Major setbacks predicted in 2017 and confirmed in 2018, related to debt financing. Air permits were extended in 2017 but any progress now depends on winning a legal argument with the IRS.