Miami—BioNitrogen Corp., the upstart company with big plans to build modular biomass-to-urea plants, is on the global prowl. Last week the company signed a non-circumvent and non-disclosure agreement with Manuelita Corp. S.A.S., of Cali, Colombia, relating to a potential partnership arrangement. The purpose of the agreement is to provide Manuelita technical and economic confidential information in an upcoming visit to Texas and Florida, which Manuelita will then utilize to evaluate, analyze, and potentially sign a Memorandum of Understanding (MOU) containing terms and conditions for a joint venture regarding the production of fertilizers in Latin America. Earlier in the month, BioNitrogen contracted Granherne Inc., a wholly-owned subsidiary of KBR Inc., for the engineering development of the inaugural urea plant in Lubbock, Texas. It is anticipated that the project will take about 12 weeks at a cost of approximately $380,000, and will establish finalized guidelines and templates for BioNitrogen’s urea production plants worldwide. Granherne’s scope of work for the basic engineering will be to incorporate BioNitrogen’s existing patent pending engineering and technical work to establish the next-steps and protocols required for BioNitrogen to construct their planned Lubbock plant.
Transparency Across the Fertilizer Value-Chain