Wabash Valley Resources
Wabash Valley Resources is a private Indiana-based developer building a $2.6 billion facility to produce 500,000 metric tons per year of low-carbon anhydrous ammonia fertilizer for Eastern Corn Belt farmers, using coal and petcoke gasification with carbon capture and sequestration of up to 1.65 million tons of CO2 annually.
- Company typePrivate
- Founded2016
- HeadquartersWest Terre Haute, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Wabash Valley Resources does
Wabash Valley Resources (WVR) is a privately held LLC founded in 2016 and headquartered in West Terre Haute, Indiana. The company is developing a $2.6 billion, industrial-scale facility to produce low-carbon anhydrous ammonia fertilizer (500,000 metric tons per year) by gasifying coal and petroleum coke into hydrogen, synthesizing ammonia, and permanently sequestering approximately 1.65–1.67 million tons of CO2 per year in subsurface geological formations at 4,000–5,000 feet depth. WVR repurposes an existing idled coal gasification plant and targets commercial operations by 2028, positioning itself as Indiana's first ammonia fertilizer plant and a potential first-mover carbon-negative ammonia producer in the U.S.
The underlying technology stack combines Honeywell UOP's carbon capture and hydrogen purification units, Baker Hughes compression, CO2 injection pumps, well construction services, and the CarbonEdge digital monitoring, measurement, and verification (MMV) platform, with Samsung E&A serving as EPC under a $475 million contract. WVR received the EPA's first Class VI well permits issued since 2014 in January 2024 and is pursuing Indiana primacy over Class VI permitting through House Bill 1368.
WVR's commercial model is B2B industrial supply: selling anhydrous ammonia fertilizer directly to large-scale corn farmers and agricultural co-operatives in the Eastern Corn Belt, displacing imports from Canada, the Caribbean, the Middle East, and Russia. A secondary revenue stream is expected from carbon sequestration credits tied to the 1.65M+ tons/year of CO2 stored. The company has raised a $50 million equity round from Nikola (2021) and earlier OGCI Climate Investments backing, and closed a $1.5 billion DOE loan in October 2025 to fund construction.
Wabash Valley Resources firmographics
Firmographics- Name
- Wabash Valley Resources
- Legal name
- Wabash Valley Resources LLC
- Website
- https://wvresc.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wabash Valley Resources is a private Indiana-based developer building a $2.6 billion facility to produce 500,000 metric tons per year of low-carbon anhydrous ammonia fertilizer for Eastern Corn Belt farmers, using coal and petcoke gasification with carbon capture and sequestration of up to 1.65 million tons of CO2 annually.
- Ownership category
- akta.pro rank
Wabash Valley Resources industry classification
Industry- Product category
- Industrial Ammonia Fertilizer Production
- NAICS
- Petroleum and Coal Products Manufacturing (3241), Industrial Gas Manufacturing (32512)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Regenerative Agriculture & Soil Organic Carbon (SOC) (EUABABAE)
- akta.pro secondary industries
- CO₂ Storage & Sequestration for BECCS (Saline Aquifers, Depleted Fields, MRV) (EUAAALAF), Industrial Waste-to-Energy (Non-Hazardous Process Wastes) (EUACAIAI)
Keywords
Where Wabash Valley Resources is headquartered
LocationHeadquarters
- HQ city
- West Terre Haute
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wabash Valley Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Others
Revenue model
- Ammonia Fertilizer Sales: WVR generates revenue through the sale of anhydrous ammonia fertilizer (500,000 metric tons per year) to farmers and agricultural co-ops in the Eastern Corn Belt. The facility produces cost-competitive, low-carbon ammonia that reduces reliance on imported fertilizer from Canada, the Caribbean, Middle East, and Russia.
- Carbon Credits/Sequestration Credits: Revenue potential from carbon capture and sequestration activities, with the facility permanently storing approximately 1.6 million metric tonnes of CO2 annually, potentially generating credits under various carbon pricing mechanisms.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Wabash Valley Resources product offering
Product offeringCore offering
Wabash Valley Resources operates a single integrated industrial facility in West Terre Haute, Indiana, that repurposes an idled coal gasification plant to manufacture 500,000 metric tons per year of low-carbon anhydrous ammonia (NH3) fertilizer for farmers and agricultural co-ops in the Eastern Corn Belt. Production uses hydrogen generated from gasification of coal and petroleum coke, paired with carbon capture and permanent geological sequestration of approximately 1.65 million tons of CO2 annually. The facility is positioned to be Indiana's first ammonia fertilizer plant and one of the largest carbon sequestration projects in the U.S.
Product overview
Wabash Valley Resources operates a single integrated facility in West Terre Haute, Indiana that combines three core operations: low-carbon anhydrous ammonia fertilizer production (500,000 metric tons annually), clean hydrogen generation via coal and petroleum coke gasification, and industrial-scale carbon capture and sequestration (1.65 million tons CO2 annually). The facility repurposes an existing idled gasification plant and uses Baker Hughes' CarbonEdge digital platform for CO2 measurement and verification. Founded in 2016, WVR aims to be the world's first carbon-negative ammonia production facility and serve as Indiana's first ammonia fertilizer plant, strengthening domestic fertilizer supply for the Eastern Corn Belt.
Differentiator
Problem solved
Functional benefit
Products and services
- Low-Carbon Anhydrous Ammonia Fertilizer
Quantifiable outcome
- Produces 500,000 metric tons of anhydrous ammonia per year, potentially displacing significant import volume
- +3 more outcomes
Companies that use Wabash Valley Resources
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Wabash Valley Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Wabash Valley Resources partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Samsung E&A AmericacoreSamsung E&A secured a $475 million contract to build the low-carbon ammonia plant - its first project in the clean ammonia sector. The company supports overall facility design as a global engineering firm with strong commitment to energy transition in the U.S.
- Baker Hughes (CarbonEdge Platform)coreWVR is a launch customer for Baker Hughes' CarbonEdge digital platform, powered by Cordant, providing end-to-end risk management and regulatory reporting for CCUS operations with real-time CO2 monitoring and verification.
- Baker HughescoreBaker Hughes signed a long-term agreement as preferred technology and services provider for compression systems, injection well construction, and testing/monitoring for geological CO2 sequestration. In January 2026, Baker Hughes received multiple awards to supply essential compression and integrated well construction solutions for the clean ammonia project.
- Honeywell UOPcoreHoneywell UOP provides carbon capture and hydrogen purification technologies for the facility, enabling capture and sequestration of up to 1.65 million tons of CO2 annually while producing clean hydrogen. Honeywell designed the carbon capture process using cryogenic gas separation technology.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Wabash Valley Resources competitors and assessment
Company assessmentEmerging players
- 1PointFive (Oxy subsidiary): Stratos direct air capture project and broader Oxy CCS portfolio position it as a leader in industrial-scale carbon removal. Comparable to WVR as a Class VI-permitted CCS developer, though focused on DAC rather than point-source capture from chemical production.
Direct peers
- Yara International: Global nitrogen leader with multiple clean ammonia pilots and CCS-equipped plants in Europe. WVR's low-carbon ammonia thesis mirrors Yara's strategic positioning to capture clean ammonia premiums in shipping and agricultural markets.
- OCI Global: Global nitrogen and methanol producer with significant U.S. ammonia capacity (Iowa Fertilizer Company) and a strategic pivot toward clean ammonia projects. Directly comparable to WVR in transitioning fossil-feedstock nitrogen assets to low-carbon configurations.
- LSB Industries: U.S.-based nitrogen fertilizer and industrial chemicals producer operating ammonia plants in Oklahoma and Alabama. Comparable in scale and product mix, and competes for similar agricultural customers in the southern U.S. nitrogen market.
- CF Industries Holdings: Largest U.S. producer of nitrogen fertilizers with extensive ammonia capacity at Donaldsonville, LA, Yazoo City, MS, and Verdigris, OK. Operates one of the largest commercial CCS projects in the U.S. at Donaldsonville, making it the closest direct peer in low-carbon ammonia and a comparable for nitrogen market dynamics.
Broad incumbents
- Linde plc: Largest global industrial gas company with CO2 capture, hydrogen production, and clean ammonia project pipeline. Comparable to WVR's CCS and clean hydrogen activities and a potential technology or offtake partner.
- Koch Fertilizer (Koch Ag & Energy Solutions): Major U.S. nitrogen producer with multiple ammonia plants in the Midwest and Gulf Coast. Direct competitor to WVR in the Corn Belt fertilizer market and a logical partner or acquirer given regional customer overlap.
- Air Products and Chemicals: Global industrial gas leader with the world's largest green hydrogen project (NEOM) and major CCS initiatives. Comparable to WVR as a producer of clean hydrogen and ammonia, though at significantly larger scale and with different feedstock (electrolysis vs. gasification).
- ExxonMobil Low Carbon Solutions: Operating one of the world's largest CCS projects at Baytown, TX with plans for low-carbon hydrogen and ammonia. Comparable to WVR as an integrated energy major pursuing industrial-scale CCS monetization, though with much broader scope.
- Nutrien Ltd. World's largest provider of crop inputs and services with major nitrogen production capacity in the U.S. and Canada. Competes directly with WVR in the Corn Belt nitrogen fertilizer market and represents the largest incumbent WVR must displace in the Eastern Corn Belt.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wabash Valley Resources social profiles
Digital presenceWabash Valley Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wabash Valley Resources leadership team
Management profileNumber of profiles
Profiles17 records
Wabash Valley Resources funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wabash Valley Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wabash Valley Resources
What does Wabash Valley Resources do?
Wabash Valley Resources operates a single integrated industrial facility in West Terre Haute, Indiana, that repurposes an idled coal gasification plant to manufacture 500,000 metric tons per year of low-carbon anhydrous ammonia (NH3) fertilizer for farmers and agricultural co-ops in the Eastern Corn Belt. Production uses hydrogen generated from gasification of coal and petroleum coke, paired with carbon capture and permanent geological sequestration of approximately 1.65 million tons of CO2 annually. The facility is positioned to be Indiana's first ammonia fertilizer plant and one of the largest carbon sequestration projects in the U.S.
Is Wabash Valley Resources a public or private company?
Wabash Valley Resources is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wabash Valley Resources founded?
Wabash Valley Resources was founded in 2016. It employs 11 to 50 people.
Where is Wabash Valley Resources based?
Wabash Valley Resources is headquartered in West Terre Haute, United States, in the North America region.
How does Wabash Valley Resources make money?
Two revenue lines are on record. Ammonia Fertilizer Sales are the primary driver. The others are carbon Credits/Sequestration Credits.
Who are Wabash Valley Resources's main competitors?
1PointFive (Oxy subsidiary) is listed as an emerging player. Direct peers are Yara International, OCI Global, LSB Industries and CF Industries Holdings. Broad incumbents are Linde plc, Koch Fertilizer (Koch Ag & Energy Solutions), Air Products and Chemicals, ExxonMobil Low Carbon Solutions and Nutrien Ltd..
Does Wabash Valley Resources have an API?
No public API is recorded for Wabash Valley Resources.
What industry is Wabash Valley Resources in?
Wabash Valley Resources's product category is Industrial Ammonia Fertilizer Production. Its primary akta.pro industry code is EUABABAE, Regenerative Agriculture & Soil Organic Carbon (SOC), with a secondary code of EUAAALAF, CO₂ Storage & Sequestration for BECCS (Saline Aquifers, Depleted Fields, MRV). Its NAICS code is 3241 and its SIC code is 4991.