Switch Bioworks raises funds for new technology
Switch Bioworks has raised US$17 million in Series Seed financing to bring new biological fertilizer technology to the field.
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Switch Bioworks has raised US$17 million in Series Seed financing to bring new biological fertilizer technology to the field.
Bion Environmental Technologies has announced its commercial 10-0-0 nitrogen fertilizer is now OMRI Listed for use in organic production.
The companies have signed an MoU to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan. This is in support of Taiwan's ‘2050 Net-Zero Emissions’ goal.
The 145 MW fertilizer project will produce and export fertilizers derived from baseload renewable power from 2027.
The sponsors will develop and build up to 480 MW of renewable energy and an up to 240 MW electrolyser facility for production of renewable hydrogen, which will be used as feedstock for production of renewable ammonia at MOPCO's existing ammonia production facility at Damietta in Egypt.
This will be the 10th KBR-licensed green ammonia plant globally and the first to be located in India.
The company has awarded NEXTCHEM (Sustainable Technology Solutions) a feasibility study and Pre-FEED (front-end engineering design) contract leveraging its NX Stami Green Ammonia and NX Stami Nitric Acid technologies.
The company is a leader in developing complex gene-edited traits in plants and focuses on key strategic areas like disease and other productivity traits like NUE (use efficiency).
The revamp concept is to maintain nameplate capacity while minimising hardware modifications as much as possible.
Once in operation in 2027, the ammonia facility, covering 10.8 ha., will produce 3000 tpd (approximately 1 million tpy) of ammonia.
The company will supply the ANS from its El Dorado, Arkansas facility for five years commencing 01 January 2025.
The company is launching its first control valve for urea plants, which is set to be installed at one of the major fertilizer plants in the MEA region for the first time later this year.