LSB mulls restart of Pryor nitrogen complex

Oklahoma City-LSB Industries Inc. recently told analysts that it has applied for permits to restart its long-idled Pryor, Okla., nitrogen plant. However, the company cautioned that it has not made a final decision to actually restart the plant. It hopes to make a decision in the not-too-distant future. LSB estimates that it would cost some $15-$20 million to bring the plant back up. Once up, it is expected to add some $100 million to the revenue stream. LSB said it would likely not bring up the entire facility, but was particularly interested in bringing up 325,000 st of UAN capacity, as well as ammonia and some industrial products. The Pryor facility was previously owned by Wil-Gro Fertilizer which liquidated its assets in 2000 (GM Feb. 7, 2000, p. 1). The company upgraded its plant in 1996 just before the industry went into a down cycle. Other LSB-owned nitrogen plants within its El Dorado Chemical unit are at Cherokee, Ala., El Dorado, Ark., and Baytown, Texas.