September 14, 2023
By Daily Report Staff
CF Industries proposes new $2B
low-carbon ammonia plant in Ascension Parish
By CF Industries' Donaldsonville complext
(submitted image)
Ammonia
producer CF Industries Holdings this morning announced it is
evaluating the feasibility of constructing a low-carbon ammonia
production plant at its Blue Point Complex in Ascension Parish.
The proposed
facility is expected to cost more than $2 billion and would be
developed jointly by CF Industries and POSCO Holdings, South Korea’s
largest steelmaker.
If the project
moves forward as outlined, CF Industries expects to create 50 new jobs
with average annual salaries of more than $106,000, while retaining
541 current positions, according to Louisiana
Economic Development.
The companies
are exploring the use of autothermal reforming ammonia production
technology for the proposed facility. ATR technology, when combined
with carbon capture and sequestration, is expected to reduce emissions
from the ammonia production process by more than 90% compared to
conventional plants without CCS.
CF Industries
and POSCO expect to complete an initial front-end engineering design
study on the proposed site in the second half of 2024 and make a final
investment decision for the project shortly thereafter. In 2022, CF
Industries announced two major projects in Louisiana: a $198.5
million plan to
add carbon capture and sequestration capability to its existing
ammonia production facility in Donaldsonville, and a proposed $2
billion world-scale
low-carbon ammonia production facility in Ascension Parish.
The state of
Louisiana is offering CF Industries an incentives package that would
include LED FastStart’s workforce development programs and a $3
million performance-based grant for infrastructure and project
development. The company is also expected to participate in the
state’s Quality Jobs and Industrial Tax Exemption programs if the
project moves forward as planned. See
the announcement.
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
509 995 1879
Cell, Pacific Time Zone.
General office:
509-254
6854
4501 East Trent
Ave.
Spokane, WA 99212
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