Genesis Fertilizers signs FEED agreement for low-carbon nitrogen facility in Canada
Mark Milam
21-Nov-2024
HOUSTON (ICIS)–Fertilizer developer Genesis Fertilizers announced it has signed a Front-End Engineering Design (FEED) agreement with South Korean construction firm DL Engineering & Construction (DL E&C) for their proposed low-carbon nitrogen fertilizer facility in Saskatchewan, Canada.
The company said DL E&C’s expertise in world-class fertilizer plant design is evident in their successful of the Ma’aden Ammonia III project in Saudi Arabia and exemplifies their ability to deliver complex projects on time and under budget.
Genesis Fertilizers also noted that the FEED phase will establish the essential technical and design groundwork for building a facility that is both safe and efficient with DL E&C set to collaborate with Canada’s PCL Construction throughout preconstruction.
They will be charged with creating a comprehensive blueprint, which integrates advanced carbon capture technology, that can deliver sequestration of up to 1 million tonnes of CO₂ annually.
The FEED phase is scheduled to start in December and begin setting defined timelines for the project as the company is targeting to have commercial operations underway by 2029.
“This FEED agreement is a monumental step in our journey to deliver sustainable, low-carbon fertilizer for Western Canadian farmers,” said Genesis Fertilizers CEO Jason Mann. “Thanks to years of planning, and support from our farming community, we now have a clear path forward for the design of the facility.”
“While there is still work to do to finance and construct a cutting-edge fertilizer plant, we are excited to collaborate with DL E&C and PCL Construction to make this vision a reality and bring lasting benefits to Canadian agriculture.”
As proposed, there would eventually be both ammonia and urea production at the site with plans to have 75% of output for farmer commitments with the balance sold on the open market.
As a vertically integrated, farmer-owned initiative, Genesis Fertilizers intends to return profits directly to its farmer-owners and the company said it recognizes the critical role of farmers, whose support to date has driven this initiative forward.
The company said through this project it is seeking to reduce dependency on imports of nitrogen fertilizers by providing a sustainable, farmer-owned alternative.
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