We are building a regional ammonia plant that lets you own your inputs. Our grass-roots program is making it possible for farmers, agricultural retailers, and individuals to profit through direct ownership.

Ethanol Investment Changed the Landscape of Rural America— Now Greenfield Nitrogen Aims to Do the Same

The ethanol industry paved the way.

In the last couple of decades, local agricultural communities came together to invest in ethanol manufacturing plants. In a few short years, new markets opened and owners profited. Farmers learned that investing in ethanol manufacturing plants meant they could deliver corn over a shorter distance AND get a dividend.

We’re taking the same revolutionary approach with fertilizer.

Project Timeline

2018 - Project Funding

  • Obtain bankable Lump Sum Turnkey (LSTK) agreement with a fixed price and performance guarantees

  • Complete equity raise and agreements with owners/partners
  • Obtain debt financing and reach financial closing
  • Select Board of Managers

Q1 2019 - Construction Begins

  • Hire general manager and build operations team

Q4 2020 - Commission Plant

 

Our site is shovel-ready. Key permits are in hand and engineering is in its final stages. Construction is expected start in 2018. Features of the plant will include:

Total Project Cost:   $194 Million
Product:                   Anhydrous Ammonia
Tons/Year:               120,815 Tons
Storage:                   66,000 Cryogenic Storage

The US Nitrogen Industry—A History Lesson

Historically, the U.S. agricultural industry relied on imported nitrogen to meet over half of its application needs. This was because the high cost of natural gas—a key feedstock for nitrogen fertilizer production—made U.S. manufacturers less competitive.

In the last decade, advanced technology opened up U.S. shale gas reserves. We now have abundant, competitively priced natural gas. The U.S. has now moved from one of the world’s high-cost producers to one of the world’s low-cost producers.

 Source: Kinect Energy

Source: Kinect Energy

The U.S. nitrogen industry was quick to respond to these favorable economics. They quickly ramped up production capacity. But by now, much of the new capacity has been upgraded to urea, UAN or other nitrogen products. After 2018, nitrogen product upgrades will cause a 390,000-ton decline in our domestic supply of anhydrous ammonia. The time to build a local plant is now.

 

Consider the Facts

The Midwest is the world’s most intense ammonia use region and yet ammonia is often shipped long distances. Our team realized that anhydrous ammonia is a logistics and storage game.  That’s why we designed the Garner plant to:

  • Serve the nearby market within 100 miles
  • Store ammonia to sell for in-season application
  • Meet local market demand

What Farmers Say About Greenfield Nitrogen

“I can win either way.”

- Farmer in Thornton, Iowa

When the ammonia price is high, farmer-owners receive a dividend. If the ammonia price is low, farmers will save on low-priced fertilizer. It’s a win-win.


What Retailers Say About Greenfield Nitrogen

“Finally, a value creation opportunity for agriculture!”

- Northeast Iowa Agricultural Retailer

An investment in Greenfield Nitrogen gives retailers more local supply and a reliable storage solution.