HomeArchive by category: Ammonia

Archive by category: Ammonia

Energy Department Announces Loan Close for Indiana Coal-Powered Fertilizer Facility

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.

DOE ANNOUNCES LOAN CONDITIONAL COMMITMENT TOWARD $2.4B WABASH VALLEY RESOURCES PROJECT TO PRODUCE LOW-CARBON FERTILIZER AND REVITALIZE COAL COMMUNITY

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.