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Fatima project still on hold

The Fatima Group’s plans to build a large nitrogen plant in Indiana are still on hold though Fatima and Pakistan have renewed their efforts to cooperate with U.S. officials on preventing Fatima’s calcium ammonium nitrate from getting into the hands of terrorists. Lt. General Michael Barbero, the head of the Joint Improvised Explosive Device Defeat Organization acknowledged the renewed efforts earlier this week.

“During his recent trip to Washington, D.C., Governor Pence met with Lt. General Barbero regarding the proposed fertilizer plant in Posey County,” Christy Denault, the Gov. Pence’s communication director told Green Markets. “Despite recent positive developments the project is still on hold, and we continue to evaluate whether the State of Indiana should move forward on the deal.”

Governor Mike Pence put the project on hold after entering office in January and hearing of Barbero’s concerns that Fatima had been less than cooperative.

BioNitrogen, CF make deal

February 27, 2013Breaking Industry Newswebster@kennedyinfo.com

BioNitrogen Corp., a company that plans to use its proprietary technology to convert biomass into urea, announced today that it has signed an exclusive agreement with CF Industries Holdings Inc., for the removal of biomass from phosphate mining land to use for urea production. This will supply BioNitrogen with biomass for its first plant in Hardee County, Fla.

According to the terms of this agreement, BioNitrogen will be able to receive all of the woody biomass from CF where it clears wooded land in Hardee County to mine for phosphate. The agreement is for an initial 180-day period with the opportunity for an extended partnership.

“We are pleased to be working with CF Industries,” said Bryan Kornegay, Jr., President and CFO of BioNitrogen. “This agreement will not only grow our secured biomass supply but it will also promote sustainability in Florida. Most of the trees in rural phosphate mining areas such as Hardee County are burned. It’s great to see a company such as CF Industries promoting environmentally friendly approaches to phosphate mining and creating positive impacts for the community.”

BioNitrogen also announced today that it has received approval from the Florida Department of Environmental Protection for woody biomass collection on the company’s 600 acre land parcel in Hardee County.

Construction on the site is slated to commence in early 2013. The proposed plant will be able to produce 15 tons of urea fertilizer hourly, totaling 360 short tons daily or 124,200 tons annually.