Koch Fertilizer LLC, Wichita, Kan., confirmed in late February that it has agreed to a multi-year lease with Equalizer Inc. for Equalizer’s ammonia storage terminal at Hastings, Neb. The site, which was formerly leased by CF Industries Holdings Inc., has 60,000 st of ammonia capacity, and Koch said product will be available immediately.
Equalizer purchased the former Farmland Industries Inc. facility at Hastings in 2003 (GM May 19, 2003), reporting at that time that the site comprised 293 acres, with four anhydrous ammonia storage tanks and two liquid fertilizer tanks. Koch said it is not leasing the UAN storage space at Hastings (GM Feb. 22, p. 6).
“Koch Fertilizer remains committed to meeting our customer’s ammonia needs, and this lease will enable Koch Fertilizer to maintain an adequate supply into that region,” Michelle Jones, Koch Communications Marketing Manager, told Green Markets. “We are aware of the announcement that Magellan plans to discontinue commercial operations of the ammonia pipeline beginning in late 2019. As we analyze the situation, we are working directly with our customers to continue serving their needs.”
According to its website, Equalizer is headquartered in Waco, Texas, and owns Texas terminals at Port Lavaca, Victoria, and Waco, in addition to the Hastings terminal. The company’s list of products and services includes fertilizer, frac sand management, loading and condo storage of bulk commodities, and barge, rail, and truck transportation.