Fertilizer-Plant Cronus to built Fertilizer Plant
Cronus Fertilizers will be built a new plant and invest $1.4 billion in Tuscola (Illinois)
Cronus announced, that the company will built a new fertilizer plant in Tuscola in Illinois.
The company’s $1.4 billion investment will be supported by a targeted state incentive package that includes an estimated $35 million in tax exemptions for the Tuscola site. The plant will produce the nitrogen-based fertilizers urea and ammonia.
Cronus Fertilizers is a project of Cronus Chemicals LLC, a company led by industry veterans with decades of experience in the development, manufacturing and marketing of fertilizer products. The Cronus team has successfully developed and operated fertilizer plants and other projects both in the U.S. and internationally.