21 December 2013 00:18 [Source: ICIS news]
CHS is in the planning stages for a nitrogen facility in
As previously set, the building permit fee was at $1 per $1,000 of construction cost. CHS has estimated the construction cost to be at least $1bn of the projected total expenditures, which would have resulted in a $1m building permit fee.
Town officials nor company officials had commented on the decision other than to confirm the permit fee had been set at the $250,000 amount.
CHS said earlier this month that the front-end engineering and design (FEED) study is almost completed and that the company intends to make its recommendation to its board and come forth with definitive decision on the facility by early 2014.
($1 = €0.73)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections