The developer of a planned ammonia fertilizer production facility with carbon capture said Monday that the project is moving full steam ahead, days after securing a $1.5 billion loan from the Department of Energy.
Wabash Valley Resources CEO Dan Williams said the company has reached a final investment decision with the development phase of the project in West Terre Haute, Indiana, now finished. Wabash plans to use hydrogen to produce ammonia fertilizer with “practically” no carbon dioxide emissions, according to the chemical company’s website.
“The project is going forward with carbon capture and sequestration,” Williams said in an interview.
DOE announced last Wednesday that it had closed the loan for Wabash. The loan was conditionally offered under the Biden administration, which highlighted the project’s carbon capture and storage (CCS) component in an October 2024 blog post from DOE.
