Wabash Valley Resources Fertilizer Plant Repurposing
Sector: Fertilizers • Location: West Terra Haute, Indiana, United States
Source: NewsBreak: Local News & Alerts
The U.S. Department of Energy has closed on a $1.5 billion loan to Wabash Valley Resources, LLC to finance the repurposing of a coal gasification plant in West Terra Haute, Indiana. The plant, idle since 2016, will use coal and petcoke as feedstocks to produce 500,000 metric tons of anhydrous ammonia per year, reducing dependence on foreign fertilizer sources.
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Description
Description | The U.S. Department of Energy has closed on a $1.5 billion loan to Wabash Valley Resources, LLC to finance the repurposing of a coal gasification plant in West Terra Haute, Indiana. The plant, idle since 2016, will use coal and petcoke as feedstocks to produce 500,000 metric tons of anhydrous ammonia per year, reducing dependence on foreign fertilizer sources. |
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Original Currency | USD |
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Data quality score | 100% |
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