December 18, 2020 By Shelley Byrne
Port projects near the confluence of the Mississippi and Ohio rivers in southern Illinois and western Kentucky are moving forward, with the Illinois project expected to break ground as soon as late spring.
Alexander-Cairo Port
The Illinois Department of Transportation signed the first round of intergovernmental grant agreements the first week of December, formally allocating the first $4 million of the $40 million promised by the state to the Alexander-Cairo Port District.
“So we’re off and running,” said Sen. Dale Fowler, who has championed the establishment of the port in his district, which includes Cairo. “That’s a very important first step.”
Press release content from Business Wire. The AP news staff was not involved in its creation.
Cronus Fertilizers Expands Partnership and Extends EPC Contract with thyssenkrupp Industrial Solutions for Tuscola, Illinois, Ammonia Project
December 15, 2020 GMT
TUSCOLA, Ill. (BUSINESS WIRE) Dec 15, 2020
Cronus Fertilizers announced important changes to its partnership with thyssenkrupp Industrial Solutions (tkIS) that will enhance the success of Cronus’ proposed Tuscola, Illinois, fertilizer plant. Cronus has extended its fixed price, lump-sum turnkey engineering, procurement and construction (EPC) contract with thyssenkrupp Industrial Solutions (tkIS) through June 30, 2021, and is finalizing an additional operations and maintenance (O&M) agreement with tkIS. Under the terms of the O&M agreement, tkIS will be involved in operating and maintaining the plant once it begins production. Furthermore, tkIS will become a minority shareholder in Cronus Fertilizers LLC.