Aussie firm plans ammonia plant near New Orleans

NEW ORLEANS (AP) - An Australian fertilizer and explosives company plans to build an $850 million ammonia production plant on the Mississippi River 20 miles from New Orleans. Incitec Pivot Ltd., of Southbank, Victoria, posted an announcement Wednesday on its website.

Incitec says the plant will be able to produce about 881,800 tons of ammonia a year, and the company already has customers for all of it. It's to be built on a brownfield site at the Cornerstone Chemicals Co. complex in Waggaman. Brownfields are land where expansion, redevelopment, or reuse may be complicated by pollution or contamination.

Incitec says its subsidiary Dyno Nobel Louisiana Ammonia LLC has a contract with KBR Inc. to engineer and build the plant. Production is planned in the third quarter of 2016.