BioNitrogen Holdings Corp (BIONQ) Financial

BioNitrogen Holdings Corp. is engaged in the manufacture of fertilizers through the conversion of agricultural biomass. The company is headquartered in Doral, Florida. The company went IPO on 2001-11-08. The firm is focused on the production of urea fertilizer using agricultural and forestry biomass as feedstock (raw material to supply or fuel a machine or industrial process). The company is also focused on building operational, turnkey manufacturing facilities to produce urea fertilizer, urea ammonium nitrate, melamine and diesel exhaust fluid. Its technologies transform residual agricultural and forestry waste and other biomass materials into urea for sale to farmers and agricultural wholesalers and retailers. Its activities include completing the fixed price engineering, procurement and construction contract, obtaining patent-pending technologies, hiring qualified personnel, acquiring land and raising capital to fund operations. Its urea products will be packaged and distributed to the agricultural sector through both wholesale and retail channels.