I posted this back in early July:
New billion-dollar fertilizer plant being proposed, from the Grand Forks Herald:
The North Dakota Corn Growers Association announced Monday that a feasibility study has been completed for the plant, with the steering committee of corn growers and fertilizer industry consultants looking at building the facility in North Dakota, South Dakota or Minnesota.
The North Dakota Corn Growers Association announced Monday that a feasibility study has been completed for the plant, with the steering committee of corn growers and fertilizer industry consultants looking at building the facility in North Dakota, South Dakota or Minnesota.
Plans are moving along for a $1 billion nitrogen fertilizer plant that could make use of the natural gas now being flared off in western North Dakota’s Oil Patch.
It looks like they might have chosen a site, data points:
- Jamestown, North Dakota; $1.3 billion fertilizer plant; using natural gas from the Bakken
- a capacity of 750,000 tons of anhydrous ammonia/year
- North Dakota Corn Growers Association spearheading the effort
- need to raise $300 million in equity from the farmers; minimum investment: $35 - $50,000/individual
- construction could begin in April, 2015; production a year later
- plant could be paid off in five years
For another interesting story about this site, read the comments below, and go to this link:
ReplyDeleteJamestown/Spiritwood would be an interesting choice, as the malting plant there relies on the power plant for steam energy, making the coal plant very efficient. There are plans to add a cellulosic ethanol plant nearby too. An ammonia plant could be synergistic with all three plants.
http://www.greatriverenergy.com/makingelectricity/newprojects/spiritwoodstation.html
Wow, incredibly interesting. I am convinced most folks do not the extent of the manufacturing base in North Dakota; I sure did not, and now the Bakken will provide additional opportunities. I am quite impressed. Just when I thought it was going to be a quiet day for blogging. Thank you for taking time to comment.
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