WICHITA, US: Koch Nitrogen Company LLC is moving forward with plans to build a new urea plant at its Enid, Oklahoma facility, US. In addition, the company is revamping existing production processes at the facility. Combined, the investments are estimated at $1 billion and are expected to increase fertilizer production at the facility by more than 1 million tonne per year. The improvements to existing processes will be implemented in stages from 2014-2016. Construction on the new plant, which will include additional storage and enhanced loading facilities, is expected to begin in the fourth quarter of 2014. The plant is projected to be operational in 2016.
“The investment we are making through Koch Nitrogen underscores our confidence in the future of our overall fertilizer business and our commitment to customers for the long-term. In addition to the significant increase in capacity, this investment will serve to improve our operational efficiency and competitive position in North America,” said David Robertson, President and Chief Operating Officer, Koch Industries Inc.
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