weerapat / Depositphotos.com
Today, Vice President J.D. Vance and Secretary of Agriculture Brooke Rollins, announced the selection of eight fertilizer manufacturing projects to receive funding through the U.S. Department of Agriculture’s Fertilizer Investment & Expansion for Long-Term Domestic Supply (FIELDS) Program.
USDA economic analysis estimates that the additional production could reduce nitrogen fertilizer prices by 4.4% and potash prices by 5.3%, while increasing domestic nitrogen production by 3.7% and potash production by nearly 40% once the projects are operational.
The projects will support new and expanded manufacturing capacity for nitrogen, phosphorus, potassium, and sulfur fertilizers across the United States. These investments are expected to support approximately 1.08 million tons of annual domestic fertilizer production and capacity across the selected projects.
The eight projects selected to move forward in the FIELDS funding process include:
- TalusAg – Iowa, Kentucky, Minnesota, Tennessee, Nebraska, Illinois, and South Dakota: Selected for approximately $99.8 million in proposed USDA funding toward a $270.2 million project to deploy 20 modular ammonia manufacturing units across 11 locations in seven states. Using American energy, air, and water, the systems are expected to produce approximately 130,000 tons of anhydrous ammonia annually, bringing domestic fertilizer manufacturing closer to the farmers who depend on it.
- Peace Valley – Florida: Selected for approximately $19.9 million in proposed USDA funding toward a $50.6 million project to expand fertilizer manufacturing in Bartow, Florida. The project is expected to produce approximately 250,000 tons annually of nitrogen, phosphorus-, potassium-, and sulfur-containing fertilizer products.
- PCI Nitrogen – Texas and Oregon: Selected for approximately $100 million in proposed USDA funding toward a $200 million project to modernize fertilizer manufacturing facilities in Pasadena, Texas, and St. Helens, Oregon. The improvements are expected to support approximately 148,280 tons of annual fertilizer production, including ammonium sulfate and urea.
- Intrepid Potash – New Mexico: Selected for approximately $139 million in proposed USDA funding toward a $265 million project to construct a sulfate of potash manufacturing facility near Carlsbad, New Mexico. The proposed facility would produce approximately 220,000 tons annually and establish an additional domestic source of this important specialty fertilizer.
- AdvanSix – Virginia: Selected for approximately $47.4 million in proposed USDA funding toward a $98.1 million project to modernize and expand an existing ammonia manufacturing facility in Hopewell, Virginia. The project is expected to produce approximately 84,000 tons of anhydrous ammonia annually.
- SUL4R-PLUS Illinois – Illinois: Selected for approximately $34.9 million in proposed USDA funding toward a $69.7 million project to expand an existing sulfur fertilizer manufacturing facility in Marissa, Illinois. The project will add a manufacturing line and improve storage and transportation infrastructure to support approximately 100,000 tons of annual sulfur fertilizer production.
- True Organic Products – California, Oregon, and Arizona: Selected for approximately $15.3 million in proposed USDA funding toward a $30.6 million project to expand fertilizer manufacturing at facilities in Helm, California; Boardman, Oregon; and Arlington, Arizona. The project is expected to support approximately 142,805 tons of annual fertilizer production using agricultural byproducts.
- Agriculture Project Holdco – Kansas and Indiana: Selected for approximately $116.9 million in proposed USDA funding toward a $360 million project to develop two fertilizer manufacturing facilities in Lewis, Kansas, and Fair Oaks, Indiana. The facilities would convert dairy manure into approximately 4,100 tons of liquid ammonium nitrate fertilizer annually, creating additional domestic fertilizer production capacity.
The FIELDS Program is administered by USDA Rural Development’s Rural Business-Cooperative Service using Commodity Credit Corporation authorities.
Source: USDA
Comments