The ammonia expansion project at the facility in East Dubuque is progressing on schedule and within budget. The project is designed to increase production of ammonia for sale or upgrade to other products by approximately 23%, or 70,000 tons annually, and to increase on-site ammonia storage capacity by approximately 20,000 tons. The estimated approximately $100 million expansion project, which is being financed by a multiple-draw capital expenditure loan facility, is scheduled to be completed by the end of 2013, after the scheduled bi-annual turnaround. The Partnership expects the additional ammonia production to contribute to per unit cash distributions beginning in 2014.In 2013, Rentech Nitrogen expects to commence a project to increase ammonium sulfate production capacity by 20%, or 115,000 tons annually, at its Pasadena facility. The Partnership expects to complete this expansion in the first half of 2014, with the additional ammonium sulfate production anticipated to contribute to per unit cash distributions beginning in the second half of 2014.
Rentech Nitrogen Announces Results For Third Quarter 2012
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