The Twin Cities is reporting, June 28, 2014:
Backers of a proposed $1.7 billion nitrogen fertilizer plant in Grand Forks, N.D., have reached a fundraising goal. Northern Plains Nitrogen has topped its seed capital target of $3 million, says Darin Anderson, a Valley City, ND, farmer and Northern Plains Nitrogen's president and managing partner.
The seed capital raised will be spent on a pre-FEED (front-end engineering and design) study, the results of which will be shown to potential investors, he says.The Grand Forks Herald is reporting, June 2, 2014:
A new study says North Dakota would enjoy some major advantages if it were to produce fertilizer, which could happen as early as 2017 at a proposed plant near Grand Forks.An earlier Prairie Business story, August 28, 2013:
A group planning a nitrogen fertilizer plant near Grand Forks said Tuesday they are in the process of purchasing a site and are meeting other goals for the $1.5 billion project.
In May, the group announced its plans for a fertilizer plant to produce a variety of nitrogen fertilizer products, with a planned construction start in 2015.