Oct. 4, 2018
Cronus Fertilizers has executed a lump-sum turnkey contract with thyssenkrupp Industrial Solutions (TKIS) for the engineering, procurement, and construction of its Tuscola, Illinois, fertilizer plant.
The contract is a critical step forward for the project and will provide Cronus with a highly experienced partner for the project’s execution.
Cronus’ contract with TKIS, one of the world’s leading fertilizer plant technology and construction companies, is the result of an extensive review process between the two companies that began in 2017. The Cronus team is continuing work on the project and the facility is on track for groundbreaking in the 2Q19.
“We are proud to reach this important milestone in realising our vision for a state-of-the-art fertilizer facility that will provide major benefits for the entire region,” said Erzin Atac, CEO of Cronus Chemicals. “We look forward to continuing our partnership with TKIS and community leaders as the project moves toward construction.”
With the capacity to produce 2300 tdy of ammonia , the Cronus plant will be a major new source of fertilizer for farmers throughout Illinois and the Midwest. The plant’s strategic location will allow area farmers to access locally produced ammonia that will primarily replace the need for imported products.
“thyssenkrupp Industrial Solutions is honoured Cronus Chemicals has selected us as the designated EPC Contractor for their planned 2300 tpd ammonia plant project in Illinois,” said Dennis Lippmann, CEO thyssenkrupp Industrial Solutions, North America. “We look forward to continuing our partnership and supporting Cronus during the next phase of this exciting project. Our successful track record in ammonia plant technology and undisputed expertise in engineering, procurement, and construction qualifies us for this large-scale project, which will move forward once the financing is completed.”
In addition to providing a major new source of fertilizer for farmers in the region, the project is expected to provide a significant boost to the economy in the form of construction jobs, long-term positions, and spending activity.