Plans to build an ammonia plant, as a joint venture between chemicals firm BASF and Yara, at a site in Freeport, Texas have been revealed today.
In a statement, it is said that both BASF and Yara have made good progress with their plan to jointly build a world-scale ammonia plant on the US Gulf Coast. The proposed plant would be located at the existing BASF site in Freeport, Texas, have an annual capacity of 750,000 metric tonnes, and be based on a hydrogen-synthesis process. Further details of the planned joint venture are currently under discussion between the parties. The project is subject to final approval from the respective boards of directors of BASF and Yara.
BASF, which has a strong presence in the United States, is currently a major user of ammonia for its US downstream activities and intends to further strengthen its backward integration. Yara, with its global ammonia network and market expertise, seeks to strengthen its presence in the United States.
Big Star Energy Ltd. has acquired its first oil and gas lease in an area prospective for helium in the US.
Houston, Texas, based Thigpen Energy has selected Chart for the provision of LNG fueling equipment and supplies – with construction already underway. Earlier this week it was announced that the company’s eastern European outfit, Chart Ferox, was chosen to construct LNG filling station in Poland.
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