Ending Global Hunger

[hater]

Ebola is taking care of this problem

[SnakeBoy]

Taylor County, FL | BioNitrogen Closes on 55-acre Land Deal

October 18th, 2014



From Taco Times, October 15, 2014 In a major step in BioNitrogen’s efforts to site a $300 million plant in Taylor County, the company has closed on a 55-acre parcel owned by Foley Timber and Land Co. According to City Manager Bob Brown, the property closed on Monday for approximately $1.3 million, with the funds coming out of the city guaranteed line of credit Tuesday due to the bank being closed Monday for Columbus Day. The property is located on Foley Road (CR 30) across from Georgia-Pacific’s Foley Cellulose Mill. In August, the Taylor County Commission unanimously approved a Future Land Use Map amendment for property applied for by Foley, changing the parcel from the mixed-use rural residential land use category to an industrial land use. The company also purchased two smaller parcels in the Bohannan Subdivision on the opposite side of Eustis Gunter Road from the main site to accommodate a future rail spur, Brown said. The total cost of the two parcels was around $65,000. The land purchases bring the total drawn on the line of credit to around $3.3 million. According to Brown, the majority of the other expenses were environmental studies on the property as well as engineering fees for the design of the plant. BioNitrogen Vice President Ernesto Iznaga on Tuesday called the land purchase a “critical step, but one of many. We’re continuing with all of the engineering work.” According to Iznaga, the company has completed the second of three phases of the engineering, and its contractors are now working to develop “firm fixed pricing” on the plant, which will allow BioNitrogen to enter into an engineering, procurement and construction contract. “As we said at the joint meeting, we’re in the fourth quarter,” he said. Iznaga also noted that his company met with the due-diligence consultant for Deutsche Bank last week and those talks went “very well.” Deutsche Bank is set to purchase $300 million in industry revenue bonds issued by the Taylor County Development Authority (TCDA) once the local project reaches a certain point in its development, at which time the $5 million line of credit would be paid back. Additionally,BioNitrogen and engineering firm AMEC will meet with Duke Energy Thursday to begin laying out power for the plant, he said. The city’s collateral guarantee on BioNitrogen’s $5 million line of credit taken out from Community & Southern Bank in Atlanta, Ga., is part of a comprehensive incentive package offered by the city, county and Taylor County Development Authority. Under an agreement between the city and the company, the city must approve any invoices before a payment is made from the line of credit. According to company officials, BioNitrogen plans to utilize patented technology to convert biomass into urea fertilizer at a series of plants, including the one in Taylor County. The proposed plant is projected to create 52-55 manufacturing jobs in the county with an average starting salary of $38,000 plus benefits. Local economic development officials have estimated the total capital investment here to be between $100 million and $220 million.



- See more at: http://www.bionitrogen.com/plant_con....HDzqSg5O.dpuf

Getting close.

[boutons_deux]

dumping more chemicals on crops isn't my idea of "ending global hunger"

[SnakeBoy]

dumping more chemicals on crops isn't my idea of "ending global hunger"

[SnakeBoy]

BioNitrogen Announces Operational Update for Florida Plants

9:02 AM ET 10/22/14 | Marketwired

BioNitrogen Holdings Corp. (PINKSHEETS: BION), a cleantech company that utilizes patented technology to build environmentally-friendly plants in the US that convert biomass into urea fertilizer, provided an update for its two initial plant sites in Florida.

The Taylor County site recently underwent a series of environmental and site surveys and passed without any issues. The 51 acres were acquired after the land use was changed to Heavy Industrial zoning. Disbursements, under the $5 million loan from the Taylor County Development Council with a cash collateral guarantee from the city of Perry, continue to fund site work and engineering for the plant. The engineering design packages for the initial cost estimates have been completed. We continue to progress towards a firm price EPC contract, which is targeted for completion in the first quarter of 2015.

The Hendry County plant site is being moved to another location within the same 240 acre industrial park due to some land use restrictions recently finalized for the original location. Environmental work, site surveys and soil borings are taking place, and we expect to resume preparation work after November 15th and once the land is acquired. The Hendry project has received substantially all of its permits to construct, the tax free bond allocation, and grants or tax credits that total in excess of $2 million in cash or investments.

The Company remains committed to both Taylor and Hendry Counties and plans to have both plants under construction in early 2015.

Overall good news but I was hoping for the EPC to be completed by the end of the year.

[boutons_deux]

BioNitrogen is about as "green" (washed) as BP

[SnakeBoy]

BioNitrogen is about as "green" (washed) as BP

[boutons_deux]

ending global hunger =====>

<=========== BioNitrogen

[SnakeBoy]

ending global hunger =====>

<=========== BioNitrogen

Idk why I picked that le at the time, boutons was probably spamming the forum with articles about repugs or monsanto deliberately starving children.

[SnakeBoy]

BioNitrogen Announces Update on Completion of the EPC Report
November. 03, 2014


WEST PALM BEACH, FL–(Marketwired – Nov 3, 2014) - BioNitrogen Holdings Corp. (PINKSHEETS: BION), a cleantech company that utilizes patented technology to build environmentally-friendly plants that convert biomass into urea fertilizer, today announced that it has received the FEL2 engineering report from AMEC, which is the last report prior to the awarding of the Firm Fixed Price EPC contract.

The report, which includes input from AMEC and all of the technology licensors, assesses all processes from the receipt of woody biomass to urea granulation and storage. The report outlines the design for a 520 ton per day urea fertilizer plant, which is 44% larger than the previous plant design and uses gasified biomass as a renewable and environmentally responsible feedstock. The design can be readily duplicated for other locations, with site specific modifications to accommodate local feedstock and site requirements.

The report will be forwarded to the engineering firm Baker & O’Brien to complete the financial due diligence package. BioNitrogen will continue working with the engineering firms and contractors to advance to a Firm Fixed Price EPC contract in early 2015.

“AMEC’s FEL2 report on this larger scale plant is the last engineering report prior to the final EPC report. It provides front-to-back technical details about the entire plant beginning with how biomass is received and processed through the gasification, syngas cleanup, ammonia, urea and urea granulation processes and finally urea storage and load out. The report also includes details regarding construction, infrastructure and costs. The next steps are for us to work closely with AMEC, the Technology Licensors and Baker & O’Brien’s team to advance the due diligence process as quickly as possible,” said Ernie Iznaga, VP of Operations at BioNitrogen. “This was a critically important milestone necessary to move the project forward.”

“BioNitrogen has decided to advance from an EPC contract to a firm fixed price EPC contract. This change requires significantly more effort from the engineering companies and suppliers but results in a rock-solid contract to build the Taylor plant plus it accelerates the due diligence process,” said Bryan Kornegay, Director at BioNitrogen. “The board is excited about the completion of this milestone and looks forward to awarding the first contract in the next six months.”

[boutons_deux]

BioNitrogen is about as "green" (washed) as BP

[SnakeBoy]

BioNitrogen is about as "green" (washed) as BP

Boo hates fertilizer

[boutons_deux]

Boo hates fertilizer

synthetic fertilizer isn't "ending global hunger", but it is polluting air,land, water, people, animals while enriching BigAg, BigChem.

[SnakeBoy]

They are creating a greener tomorrow

[SnakeBoy]

They are creating a greener tomorrow

[lefty]

Well if Muricans werent eating 24/7, there would be spare food

[boutons_deux]

Obesity Is About To Surpass Tobacco As The Leading Cause Of Cancer




Obesity will surpass tobacco as the leading cause of cancer “within a couple years,” officials from the American Society of Clinical Oncology recently announced.

But this news may come as a surprise to many people: according to a phone survey conducted by the Associated Press and NORC Center, fewer than 10 percent of Americans know that a link between excess weight and cancer exists.

“It’s pretty rare to find someone who doesn’t know the association of tobacco with cancer,” Dr. Clifford Hudis, an author of the policy statement and chief of breast cancer medicine at Memorial Sloan-Kettering Cancer Center in New York, told Dallas News. “If you ask the general population if there’s a relationship between obesity and cancer, the general answer is no.”

http://thinkprogress.org/health/2014...obacco-cancer/

and, fellas, excess pounds disrupts your hormones, esp female hormones, leads to soft and/or useless , at any age.

[SnakeBoy]

BioNitrogen Receives Allocation of $300 Million to Issue Tax-Exempt Bonds for Taylor County Plant

3:23 PM ET 11/20/14 | Marketwired

BioNitrogen Plant FL Taylor, LLC, a wholly-owned subsidiary of BioNitrogen Holdings Corp. (PINKSHEETS: BION), a cleantech company that utilizes patented technology to build environmentally-friendly plants that convert biomass into urea fertilizer, announced today that it has been awarded $300 million of private activity bond volume cap allocation to issue tax-exempt bonds for the acquisition, development and construction of the plant in Taylor County, Florida.

The $300 million allocation represents the second $300 million bond issue that BioNitrogen has received approval on from the Florida Division of Bond Finance, bringing the total in Florida to $600 million and the US total to $1.9 billion in issues. Stifel Nicolaus is the underwriter for the Taylor County and other BioNitrogen bonds. Jones Walker LLP, serves as bond counsel to both the Taylor County Development Authority and the Hendry County Industrial Development Authority and was instrumental in securing this volume cap allocation.

With this award, the Taylor County Development Authority can proceed to closing the tax-free bond for the plant, which is expected to occur in the first part of 2015.

"This allocation from the State of Florida moves us one step closer to funding and building our plant in Taylor County, Florida," said Bryan Kornegay, Jr., Director of BioNitrogen. "This is another important step in our progress to initiate plant construction."

"We are advancing with the site work so that we are ready for the bond closing and EPC early next year," said Ernie Iznaga, VP of Operations for BioNitrogen. "This is an important milestone for us, the city of Perry and Taylor County."

Table is set, just need that damn EPC completed and tomorrow will be greener.

[SnakeBoy]

The chick is pretty annoying but there are a few interesting tidbits. Picked up another 400k shares to make it an even million while the price is at a nickel. Hopefully I'm guessing right and there will be a greener tomorrow.

[Th'Pusher]

The chick is pretty annoying but there are a few interesting tidbits. Picked up another 400k shares to make it an even million while the price is at a nickel. Hopefully I'm guessing right and there will be a greener tomorrow.

Yeah. You've only been sitting on this for 2 years.

[SnakeBoy]

Yeah. You've only been sitting on this for 2 years.

Since January tbh

In at $0.03 out at $0.38, now back in at $0.05, good chance a big run is just around the corner.