By Stephen Nakrosis


Nutrien Ltd. said Wednesday it is evaluating Geismar, La., as the site to build the world's largest clean ammonia facility.

Nutrien said the new facility "would leverage low-cost natural gas, tidewater access to world markets, and high-quality carbon capture and sequestration infrastructure" at its existing Geismar facility.

Nutrien said it would proceed to the front-end engineering design phase of the project, and expects to make a final investment decision next year. The cost of the facility would be about $2 billion, Nutrien said.

If approved, construction on the facility would begin in 2024. Nutrien said the facility could begin full production by 2027. The company also said, "The new plant will use auto thermal reforming technology to achieve the lowest carbon footprint of any plant at this scale and has the potential to transition to net-zero emissions with future modifications."


Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


(END) Dow Jones Newswires

05-18-22 1741ET