To fund the project, WVR recently secured a $1.559 billion loan from the U.S Department of Energy designed to invest in and fully use domestic energy infrastructure. The project will restart and modernise a gasification facility in Indiana to build one of the first plants in the U.S. that makes hydrogen and ammonia with less carbon intensity.
The West Terre Haute facility in Indiana will implement Honeywell’s carbon capture technology to capture and permanently store nearly 1.65 million tons of CO2 annually underground, equivalent to the carbon sequestered by over 1.65 million acres of U.S. forests in one year.
“As energy demand increases, Honeywell's carbon capture technologies help customers like Wabash Valley Resources optimize operations and reduce emissions to help boost the domestic production of important inputs like ammonia to support American agriculture,” said Ken West, president and CEO of Honeywell Energy and Sustainability Solutions. “WVR’s West Terre Haute facility highlights the importance of public-private partnerships and shows the key role they play in advancing innovative technologies that can modernise traditional industries and improve the reliability and resilience of the U.S. energy sector.”
Once fully operational in 2028, the facility will produce 500,000 metric tons of anhydrous ammonia fertilizer annually. By scaling domestic production and reducing the industry’s reliance on imported supply, WVR aims to put downward pressure on fertilizer prices for American farmers. The company expects to replace half the imported supply for farmers across the Corn Belt, including in Illinois, Indiana, and Ohio.
“Our goals are to strengthen America’s fertilizer supply chain by reducing dependence on imports and advancing cleaner, more efficient production here at home,” said Dan Williams, CEO of Wabash Valley Resources. “By utilizing Honeywell technology, we are paving the way for cleaner fertilizer production in the United States.”
SAMSUNG E&A, a total solutions provider for the global energy industry, is responsible for the engineering and design of the facility. Honeywell and SAMSUNG E&A have a collaborative endeavor to jointly market Honeywell's advanced solvent carbon capture (ASCC) technology.