Taylor County, FL — BioNitrogen

UPDATED: 11/05/2015 — see Change Log

OWNER: BioNitrogen (BioNitrogen Holdings Corp)
PROJECT: Greenfield urea plant[memberful does_not_have_subscription=”1314-ammonia-industry-annual-subscription,1311-ammonia-industry-monthly-subscription,3338-ammonia-industry-30-day-subscription”]

COST (reported): Not announced
JOB CREATION (reported): Not announced — see Job Openings [LINK]
START-UP DATE (reported): 2017 last announced

CAPACITY USGS[1] COMPANY[2] PERMIT[3] ADJUSTED[4]
Ammonia [None given] [Membership required] [Membership required]
Units: stpd, stpy, mtpd, mtpy = short/metric tons per day/year.
[1] United States Geological Survey (USGS) Mineral Yearbook, Nitrogen gives capacity in metric tons per year, calculated as “engineering design capacity adjusted for 340 days per year of effective production capability,” rounded to three significant digits. Source: most recent year, Table 4: Domestic Producers of Ammonia, http://minerals.usgs.gov/minerals/pubs/commodity/nitrogen/.
[2] Company does not specify ammonia capacity.
[3] [Membership required]. Sources: linked below.
[4] [Membership required]. See Methodology.

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ADDITIONAL INFORMATION

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SUMMARY STATUS: Financing Phase – in Bankruptcy Protection
Announced in March 2014, county financing incentives approved July and August 2014. This site may yet be developed as BioNitrogen’s proof-of-concept, however, BioNitrogen entered Chapter 11 bankruptcy protection in November 2015.

COST: $300 million estimate
JOB CREATION: 52 permanent, 250 construction — see Job Openings [LINK]
START-UP DATE: None, 2017 last announced
LIKELIHOOD: Dead — see Methodology

CAPACITY USGS[1] COMPANY[2] PERMIT[3] ADJUSTED[4]
Ammonia 100,107 mtpy
Urea 520 stpd
179,000 stpy
172,184 mtpy
Units: stpd, stpy, mtpd, mtpy = short/metric tons per day/year.
[1] United States Geological Survey (USGS) Mineral Yearbook, Nitrogen gives capacity in metric tons per year, calculated as “engineering design capacity adjusted for 340 days per year of effective production capability,” rounded to three significant digits. Source: most recent year, Table 4: Domestic Producers of Ammonia, http://minerals.usgs.gov/minerals/pubs/commodity/nitrogen/.
[2] Company presentations, company does not specify ammonia capacity.
[3] No air permit applications.
[4] Adjusted Capacity is in metric tons per year assuming operations for 365 days per year; urea capacity based on company presentations, daily capacity; ammonia capacity estimated as required feedstock for urea capacity. See Methodology.

FEEDSTOCK: Biomass (woody)
END PRODUCTS: Urea

RESEARCH NOTES:
[Update pending …][/memberful]


View larger map with all ammonia plants.

ADDRESS: Foley Road, Perry, Taylor County, FL 32348, United States

WEBSITE: http://www.bionitrogen.com/

REGULATORY SOURCES:

  • USGS: Minerals Yearbook, Nitrogen [RECENT / ARCHIVE]
  • US Securities and Exchange Commission filings: EDGAR Search Results, Bio Nitrogen Holdings Corp CIK#: 0001015979 [LINK]
  • OTC Markets filings: BioNitrogen LLC [LINK]

NEWS SOURCES:

  • 11/04/2015: Wall Street Journal: BioNitrogen Files for Chapter 11 Bankruptcy Protection [LINK]
  • 11/04/2015: BioNitrogen press release: BioNitrogen Holdings Corp. Files for Chapter 11 Protection [LINK]
  • 09/02/2015: BioNitrogen press release: BioNitrogen Business Update [LINK]
  • 05/12/2015: BioNitrogen press release: BioNitrogen Announces Agreement With Air Liquide for Plant Air and Gas Requirements [LINK]
  • 12/16/2014: BioNitrogen press release: BioNitrogen Signs Agreement with Saipem for EPC Services [LINK]
  • 11/20/2015: BioNitrogen press release: BioNitrogen Receives Allocation of $300 Million to Issue Tax-Exempt Bonds for Taylor County Plant [LINK]
  • 11/03/2014: BioNitrogen press release: BioNitrogen Announces Update on Completion of the EPC Report [LINK]
  • 10/22/2014: BioNitrogen press release: BioNitrogen Announces Operational Update for Florida Plants [LINK]
  • 10/03/2014: BioNitrogen press release: City Council of Perry, Florida Unanimously Approves to Continue Funding Balance of $5 Million to BioNitrogen [LINK]
  • 09/04/2014: BioNitrogen press release: BioNitrogen Enters into a $5 Million Loan for Taylor County Plant [LINK]
  • 07/17/2014: BioNitrogen press release: BioNitrogen Receives Incentives Approvals From Taylor County for up to $220 Million in Investments for the Taylor County Plant [LINK]
  • 05/20/2014: Taylor County Board of County Commissioners, meeting agenda packet (page 248 on) [PDF]
  • 03/10/2014: BioNitrogen press release: BioNitrogen Receives $5 Million Loan Commitment in an Agreement to Purchase Land in Taylor County, FL [LINK]

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