04 April 2013 20:28 [Source: ICIS news]
HOUSTON (ICIS)--Fertilizer producer BioNitrogen announced on Thursday it has signed an agreement with BioResource Management for logistic and delivery services of woody biomass to its upcoming Florida plant.Based in Gainesville, Florida, BioResource Management anticipates supplying more than 240,000 tons/year of biomass to BioNitrogen’s plant. The biomass is transformed into urea through a gasification technology process and catalytic conversion.
Earlier this year BioNitrogen announced it would start work on a new $175m (€137m) project in Hardee County during first half of 2013 with the proposed anticipated to produce 15 tons/hour of urea.
At that time company officials said would result in 360 tons/day (327 tonnes/day) or 124,200 tons/year of urea by the first quarter of 2014. The facility will be located within close proximity to the ports of Tampa and Manatee with expectations that the urea will be sent primarily to the Midwest by barges via the Mississippi river.
For their part BioResource believes the agreement is a positive for both parties as it taps into their background and will provide a reliable delivery essential for the plant project.
“We are excited to be working with BioNitrogen and look forward to being the company’s supplier of choice for woody biomass feedstock. Our company has a 30 year track record of managing biomass for major companies and we are certain that we will make a significant contribution to the success of the BioNitrogen plant,” said Richard Schroeder, BioResource president.
($1 = €0.78)
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