Ohio Valley Resources LLC’s air quality permit for its proposed nitrogen plant Indiana went out for 30-days of public comment today. If no major problems are alleged, the permit could be issued in as little as 45-days, thereby setting the wheels in motion for OVR to firm up deals with contractors, financiers, and potential investors.
“The publication of the draft permit is a significant milestone for OVR and for the domestic nitrogen industry as a whole,” said OVR President and CEO Doug Wilson. “To my knowledge, our air permit would be the first issued to a greenfield project in more than a quarter of a century. I have many people to thank today for their efforts in assisting OVR in accomplishing this feat, including the Indiana Department of Environmental Management and KBR. IDEM has been efficient and cooperative throughout this process and has confirmed the trust that I had in investing millions of dollars in the State of Indiana. KBR has been our strategic partner in this process almost from the start. We look forward to finalizing our construction arrangements with them in conjunction with our efforts to finalize our sources of funding. We are in the midst of negotiating with several groups to provide the funding for this project and hope to have commitments from these parties shortly."
A competing project in Indiana by Pakistan’s Fatima Group remains suspended due to that company’s less than cooperative participation with U.S. authorities in thwarting its calcium ammonium nitrate from getting to terrorists.