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Itafos announced that it has commenced technical studies related to Itafos Conda organic growth projects, including anhydrous hydrogen fluoride and precipitated silica (“AHF\/PS<\/strong>”) by-product recovery and on-site ammonia production, as part of the Company’s strategic focus on optimizing Itafos Conda’s EBITDA generation capability. The Company expects to provide a further update on the respective technical studies by Q1 2021.<\/p>\n The AHF\/PS by-product recovery initiative aims at improving Itafos Conda’s EBITDA generation capability by extracting and commercializing high-value by-products AHF and PS without impacting Itafos Conda’s manufacturing process. The initiative contemplates the extraction of fluoride, in the form of silico-fluoride, from the tailings pond water at Itafos Conda via continuous ion exchange (“CIX<\/strong>”) and conversion to AHF and PS considering a patented process. To advance the development of the initiative, the Company has engaged leading third parties to conduct pilot plant testing and complete a front-end engineering design (“FEED<\/strong>”) study, which are expected to be completed over an 18-month timeframe. The next milestone in advancing the development of the initiative is concentrating silico-fluoride via CIX at pilot scale, which is expected to be completed by Q1 2021.<\/p>\n The on-site ammonia production initiative aims at improving Itafos Conda’s EBITDA generation capability by reducing the cost and stabilizing the supply of ammonia to Itafos Conda by producing ammonia on-site to meet Itafos Conda’s fertilizer production requirements and commercializing any excess production. The initiative contemplates the installation of a skid-mounted, small-scale ammonia plant at Itafos Conda using natural gas as feedstock. The initiative is expected to rely upon mature Haber-Bosch technology, recently made viable at small scale due to flexible steam-methane reforming and skid-mounted ammonia synthesis, and to leverage the existing natural gas pipeline infrastructure at Itafos Conda. To advance the development of the initiative, the Company has engaged a leading third party to complete a feasibility study, which is expected to be completed by Q1 2021.<\/p>\n About Itafos<\/strong><\/p>\n The Company is a pure play phosphate and specialty fertilizer platform with an attractive portfolio of strategic businesses and projects located in key fertilizer markets, including North America, South America and Africa.<\/p>\n The Company’s businesses and projects are as follows:<\/p>\n For more information, or to join the Company’s mailing list to receive notification of future news releases, please visit the Company’s website at www.itafos.com.<\/p>\n For further information, please contact:<\/strong><\/p>\n Itafos Investor Relations Tags:<\/b> Itafos Investor Relations\n
investor@itafos.com
www.itafos.com<\/p>\nSee Campaign: <\/strong>http:\/\/www.itafos.com<\/a>
Contact Information:<\/b>
Itafos Investor Relations
\ninvestor@itafos.com
\nwww.itafos.com<\/p>\n
<\/a>, Wire<\/a>, Disclosure Newswire<\/a>, United States<\/a>, English<\/a><\/p>\n<\/div>\n
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\nwww.itafos.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"Itafos announced that it has commenced technical studies related to Itafos Conda organic growth projects, including anhydrous hydrogen fluoride and precipitated silica (“AHF\/PS”) by-product recovery and on-site ammonia production, as part of the Company’s strategic focus on optimizing Itafos Conda’s EBITDA generation capability. The Company expects to provide a further update on the respective technical … Continue reading Itafos Announces Commencement of Technical Studies Related to Itafos Conda Organic Growth Projects<\/span><\/a> Continue Reading