In late August, Illinois Governor JB Pritzker announced a $2 billion investment by Cronus Chemicals to build an ammonia production facility in central Illinois near Tuscola, Ill. This comes after the state renewed a tax incentive agreement with the manufacturer.
“Illinois is building the infrastructure to power an entirely new bioeconomy by attracting major industry players to innovate right here in our state,” said Gov. Pritzker. “Cronus Chemicals is a shining example of that vision. Their new $2 billion, state-of-the-art facility in Tuscola will create more than 130 full-time jobs, serve as an anchor for the agricultural industry of tomorrow, and spur investment that will extend out across not just agriculture, but the entire Illinois economy.”
The new facility will produce 950,000 short tons of ammonia annually, and it’s been a project discussed for over a decade.
“IFCA excited about this announcement but also knows that this project has been talked about ever since 2012. If more details are released in the coming days we will pass it along to our membership,” was in a statement from the Illinois Fertilizer and Chemical Association.
