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UPDATED: CHS cancels Spiritwood, N.D., fertilizer plant

Carl Casale, CHS president and CEO, announced today that CHS had decided against moving forward with its planned nitrogen fertilizer plant at Spriritwood.

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Agweek

Carl Casale, CHS president and CEO, announced today that CHS had decided against moving forward with its planned nitrogen fertilizer plant at Spriritwood.

Casale said problems with water and escalating construction costs were the basis of the decision.

“We deeply appreciate the tremendous support and assistance from the Jamestown and Spiritwood communities, North Dakota’s governor, elected officials and state agencies and organizations like the North Dakota Farmers Union; and other government leaders who have supported us through our due diligence process,” he said in a press release.

Jeff Zent, director and policy advisor to the governor, said the governor was disappointed.

"We also understand that in the world of business, all projects have to prove themselves financially," he said.

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CHS announced a $2.8 billion investment in CF Nitrogen, LLC. to serve as a supplier of nitrogen fertilizer to CHS.

Related Topics: SPIRITWOODNORTH DAKOTA
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