A Connecticut-based company is planning a $450 million project to convert a closed coal-gasification plant in western Indiana into an ammonia fertilizer production facility.
The project announced Wednesday will take place at the former SG Solutions coal-gasification plant near West Terre Haute. Current owner Wabash Valley Power Association decided last year to close the plant this spring.
Phibro LLC affiliate Phillip Brothers Fertilizer plans to use petroleum coke from Midwest refineries to produce ammonia, The Tribune-Star of Terre Haute reported. Company officials say the project has a mid-2018 completion target and the plant could produce about 100 jobs.
Phibro CEO Simon Greenshields said the plant will provide affordable fertilizer for farmers in the area and reduce the need for imported ammonia fertilizer.