Posted 8/15/2013 07:50 am
Updated 8 months ago
The company said the cost of the plant will be between $250 million and $300 million, including the cost of additional support facilities. The project is for LSB's subsidiary, El Dorado Chemical Co.
The company expects the plant to be completed by 2015, provided it receives the necessary environmental permits and experiences no delays.
The announcement comes about nine months after the company announced plants to build a $120 million nitric acid plant in El Dorado.
LSB said it will fund the construction of the ammonia plant and support facilities from the net proceeds of the