Corn belt location provides significant Midwest price premium
Access to all utilities – natural gas, electricity, and water
Agriculture demand in close proximity to plant
The New Albany Shale group contains numerous formations in Illinois that are ideal for CO2 sequestration
Greenfield 385,000 tonnes per year natural-gas- to-ammonia plant with Carbon Capture, Utilization and Storage (CCUS)
Site proximity to regional agricultural demand provides significant transportation cost advantages/ price premium potential
Significant environment benefits from capturing, sequestering ~510,000 metric tonnes of CO2 per year; Eligible for U.S. CCUS incentives (45Q Credits $85/Tonne)
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