GROWMARK, Inc. has made a minority equity investment in Wabash Valley Resources (WVR), facilitating the first advance under WVR’s U.S. Department of Energy (DOE) loan and supporting construction of its fertilizer facility in West Terre Haute, Indiana.
U.S. Agriculture Secretary Brooke Rollins, along with Interior Secretary Doug Burgum (left), Commerce Secretary Howard Lutnick, and Senators John Boozman (R-AR) and John Hoeven (R-ND) discuss plans to lower fertilizer prices by expanding domestic fertilizer production and creating more opportunities to expand the fertilizer marketplace. Photo: C.J. Miller / Hoosier Ag Today.
FLORENCE, Italy, Jan. 28, 2026 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday multiple awards to progress one of the first low-carbon ammonia fertilizer production plants in the United States being developed by Wabash Valley Resources (WVR). Baker Hughes will supply essential compression and integrated well construction solutions that support multiple parts of the clean ammonia value chain – from hydrogen production to CO₂ separation and permanent sequestration. The announcement was made during the 2026 Baker Hughes Annual Meeting in Florence.
WASHINGTON—U.S. Secretary of Energy Chris Wright today announced the Department of Energy’s (DOE) Loan Programs Office (LPO) closed a loan to support independent, American-made, and coal-powered fertilizer production.
The $1.5 billion loan to Wabash Valley Resources, LLC, will help finance a coal and ammonia fertilizer facility in West Terre Haute, Indiana. The project will restart and repurpose a coal gasification plant idled since 2016 to produce 500,000 metric tons of anhydrous ammonia per year by using coal from a nearby Southern Indiana mine and petcoke as feedstock.
WEST TERRE HAUTE, Ind., September 16, 2024 – In a groundbreaking move to bolster
American agriculture and improve air quality, the Department of Energy’s Loan Programs
Office has announced a conditional commitment of a $1.559 billion loan—toward a total
investment of $2.4 billion—to Wabash Valley Resources (WVR), a pioneer in low-carbon
anhydrous ammonia fertilizer production. This historic investment is one of the single largest
efforts to increase the supply of domestically produced fertilizer and displace imported
ammonia supply to the Eastern Corn Belt.
WVR’s innovative approach of utilizing industrial waste in combination with carbon capture
has the potential to be the United States’ first carbon-negative ammonia production process.
As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today a conditional commitment for a loan guarantee of up to $1.559 billion to Wabash Valley Resources, LLC (Wabash Valley Resources). The loan guarantee would help finance a commercial-scale waste-to-ammonia production facility using carbon capture and sequestration (CCS) technology in West Terre Haute, Indiana. The project will have the potential to be the world’s first, carbon-negative ammonia production facility—underscoring the Biden-Harris Administration’s continued commitment to ensuring the United States leads the world in clean energy manufacturing. The project would repurpose an industrial gasifier to utilize petroleum coke while permanently storing carbon dioxide to produce 500,000 metric tons of anhydrous ammonia annually. This project would play a critical role in securing domestic fertilizer supply for the region commonly known as the Corn Belt, contributing to both food security and climate goals. LPO’s conditional commitment of up to $1.559 billion would be part of a total investment of $2.4 billion that Wabash Valley Resources would secure for the project through private investment.
Founded in 2016, Wabash uses a byproduct of oil refining to make ammonia and says it has an advantage over competitors because its facility is close to the farms where fertilizer will be used to grow corn. It expects to produce 500,000 metric tons of ammonia a year.
HOUSTON and LONDON, Sept. 12, 2024 — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital solution for CCUS operations that provides comprehensive support for regulatory reporting and operational risk management.
Wabash Valley Resources will leverage CarbonEdge for measurement, monitoring, and verification of CO2 and collaborate with Baker Hughes on the solution’s continued development
