Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Rentech Nitrogen Plans $100-Million Ammonia Expansion
9:13 AM MST | January 4, 2012 | Lindsey Bewley
Rentech Nitrogen Partners (Los Angeles) says it has secured a bridge loan of up to $40 million from Rentech, Inc. (Los Angeles) to expand ammonia production capacity at the company’s East Dubuque, IL facility. The expansion will increase ammonia capacity by 70,000 m.t./year, or about 23%, bringing Rentech Nitrogen’s total ammonia production capacity to 370,000 m.t./year. The deal also includes an additional 20,000-m.t. ammonia storage tank at the facility, increase on-site ammonia storage capacity to 60,000 m.t. Capital expenditures for the...
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