FAQ

FAQ

Read the ProjectN FAQ.
Be sure to check out What’s This All About? for answers to general questions and the Fertilizer Facts section for data that helps understand the business case.

Project Updates

Project Updates

ProjectN is Moving Forward.Many things are going on behind the scenes, putting the much-needed seed capital to work. Plans are starting to fall into place, and as ProjectN grows toward a reality.

Timeline

Timeline

What we’ve done, what we’re doing. Together we have been working to create competition in the nitrogen fertilizer sector and to turn around the huge impact that excess fertilizer costs have on farm profitability.

Media Coverage

Genesis Grain Hosts Meetings for Fertilizer Business

Genesis Grain and Fertilizer is hosting a series of farm meetings this week across Saskatchewan to raise capital for its fertilizer business. Bob Friesen with Genesis Grain and Fertilizer says seven fertilizer distribution centres will be set up across the prairies, including three in Saskatchewan. He hopes to raise a minimum of 24-million dollars. The distribution centres will be...

New markets opening up to Canadian businesses

Many Saskatchewan businesses have a chance to expand their opportunities by exporting to new markets; they just don’t know how to do it. “The U.S. will always be our No. 1 trading partner, but the growth opportunities are beyond North America,” said Ed Fast, Minister of International Trade. Fast, who was in Saskatoon recently and is currently leading a...

FNA Holds Fertilizer Meetings

Now that harvest is wrapped up, Farmers of North America have been conducting meetings throughout the region to teach producers the benefits of manufacturing their own fertilizer. FNA has set up a Fertilizer Limited Partnership to assist farmers with learning the steps to set up a nitrogen fertilizer plant. “Our very first milestone we thought we’d hit in 60...

FNA raising $1.76B for Belle Plaine fertilizer plant – Regina Leader Post

FNA raising $1.76B for Belle Plaine fertilizer...

Project N Fertilizer Announcement Coming Soon – Agriculture News – portageonline.com

Project N Fertilizer Announcement Coming Soon –...

FNA seeks American investors – The Western Producer

FNA seeks American investors – The Western...

Cooperative seeks investors in fertilizer plant | Lacombe Globe

Cooperative seeks investors in fertilizer plant | Lacombe...

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Updates

Genesis Grain & Fertilizer releases new offering

SASKATOON, Feb. 26, 2015 – Genesis Grain & Fertilizer Limited Partnership (Genesis) today released a new offering memorandum (OM) as it begins to raise capital from farmers for its fertilizer distribution business. Genesis is a farmer-owned grain handling and fertilizer distribution business led by Farmers of North America (FNA) and AgraCity Crop & Nutrition (AgraCity). The fertilizer distribution side...

ProjectN Update – January 28, 2015

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Farmers of North America expands in the United States

News Release – For Immediate Release FNA and AgraCity expand into United States (Kansas City, MO, December 8, 2014) – Farmers of North America (FNA), a North American farmers’ business alliance, today announced a major strategic expansion of its organization into the United States. What makes this move doubly advantageous to U.S. farmers is that FNA is bringing with...

FNA Fertilizer Limited Partnership Announces Plant Site Location

REGINA — FNA Fertilizer Limited Partnership (“FNA FLP”) announced today it has selected a location for its new nitrogen fertilizer manufacturing facility, which up to this point has only been described as being “built in Western Canada.” Spokesperson Bob Friesen confirmed that land near Belle Plaine, Saskatchewan, has been selected for the site of the estimated $1.7 billion-plant. FNA...

MNP to assist in the design of ProjectN fertilizer sales and distribution system

SASKATOON — Farmers of North America Fertilizer Limited Partnership (FNA FLP) announced today that the corporate consulting and accounting firm MNP LLP has been designated to study and assist in the design of the sales and distribution structure for the ProjectN nitrogen fertilizer plant. MNP LLP has an active presence in agriculture with many farm clients, as well as...

Stantec engaged to proceed with Bankable Feasibility Study

SASKATOON — Farmers of North America Inc. (FNA) announced the successful conclusion of the Series I Seed Capital offering for ProjectN, the project to build a new fertilizer plant begun by FNA Fertilizer Limited Partnership (FNA FLP). Stantec, a global leader in engineering, environmental and process engineering, has been engaged by FNA FLP to lead the Bankable Feasibility Study...

Farmers show impressive support for fertilizer plant

SASKATOON — Early indications in the ProjectN seed capital drive are that farmers are overwhelmingly committed to the idea of farmer-owned fertilizer manufacturing. Farm leaders are speaking up about the opportunity for farmers to gain a return on investment to offset the high cost of fertilizer through participation as an owner. Farmers are clearly ready to invest and engage...

FNA Fertilizer Limited Partnership extends public meetings

SASKATOON — Farmers of North America Fertilizer Limited Partnership (FNA FLP) is just over a week into a series of public meetings that began October 9 across Alberta, Saskatchewan and Manitoba. Based on the enthusiasm of those who have attended the meetings so far, FNA FLP announced it is adding meetings in some areas as a response to the...

FNA Fertilizer Limited Partnership retains BMO Capital Markets

SASKATOON — FNA Fertilizer Limited Partnership (FNA FLP) today announced that it has retained BMO Capital Markets as its strategic advisor in the development of a project to establish a fertilizer plant, and to assist in obtaining the necessary strategic partner(s) to take the project to the next level. FNA FLP recently announced it is proceeding with a plan...

FNA Announces Limited Partnership moving on fertilizer plant

SASKATOON — A new fertilizer plant to serve the Canadian market has moved from the conceptual stage to full project development, where farmers are getting involved. Today FNA announced that a new business in the form of a limited partnership, the FNA Fertilizer Limited Partnership, has been created specifically to provide farmers a mechanism for ownership of a new...

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