Thursday, March 07, 2013

BioNitrogen Corporation begins preliminary work on railroad spur

BioNitrogen Corporation, a cleantech company that builds environmentally-friendly plants that convert biomass into urea fertilizer, has begun engineering design for construction on a railroad spur in Hardee County, Fla., where the first BioNitrogen urea fertilizer plant will be built.

The Hardee County Industrial Development Authority allocated $2 million in grants to BioNitrogen's Florida Plant subsidiary for reimbursable expenses incurred during the construction of the Hardee County plant to cover expenses related to the rail spur, construction and engineering of the initial plant. BioNitrogen will also be working with local Florida-based companies that will be involved in the design and construction of the rail spur, including Mulberry-based C.J. Bridges Rail Road Contractors.

The railroad spur will link the plant site with CSX mainline, facilitating the transport of biomass to the plant and urea to BioNitrogen customers through its offtake agreement with United Suppliers, Inc.

"The rail spur is a critical piece of infrastructure and we're pleased to finalize the design and begin construction," said Bryan Kornegay, Jr., president and CFO of BioNitrogen.

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