Sell Process Plants & Equipment Case Studies

EdenIQ, a biotechnology company that developed processes for producing and measuring cellulosic ethanol from corn kernel fiber, no longer required their pilot plant in California, Subsequently, they wanted to monetize their assets and have them properly removed from a facility they leased in Visalia, CA. Phoenix Equipment was able to offer significant value for the assets, and safely execute the removal scope of work that included approximately 100 pieces of process equipment, as well as outside process structures and mezzanines; indoor conveyor systems, fermentation units, and mixing equipment, pallet racking with materials, boneyard filled with equipment, scrap and debris. All work had to be performed in accordance with the lease requirements and restored to a broom clean condition as if no chemical plant existed on the site by December 31, 2019. We safely completed the work in 8 weeks with a combination of cranes, telescopic forklifts, and manlifts. Process equipment included: a 10,000 gallon Stainless Steel holding tank, (13) 1,500 gallon 316L Stainless Steel Vertical Tanks with Jackets, (2) 2500 Gallon Vertical tanks with jackets, 3000 gallon vertical tank with Jacket, (3) 475 gallon A&B Process Kettles, CIP Skid, 18"x 24' Distillation tower with reboiler. (2) Hurst Boilers with Deaerator, (12) centrifugal pumps, (4) conveyors, (3) air-compressors, (9) colloid mills, (3) mixers, and a 267 ton chiller.

Background and Scope of Work Vertellus, a producer of Castor Oil, ceased operations at its Bayonne, NJ plant, and wanted to have all outside storage tanks and process areas removed for permitting reasons. They also wanted to begin preparing the site for resale and redevelopment.  Our project consisted of the dismantlement and demolition of (2) buildings which were used to manufacturer Castor Oil, a sebacic acid plant (mostly outside structure), (4) 250,000 gallon+ storage tanks near live power lines, (2) large outside tank farms with over 90 tanks, thousands of linear of piping, and (3) 150’ tall boiler stacks. The owner attempted to drain and clean the plant, however, substantial materials remained in the equipment, tanks and piping. Furthermore, as a result of ceasing operations, the owner didn’t have the personnel resources required to complete the draining and cleaning.  Phoenix was tasked with draining lines and capturing the resulting materials for disposal, cleaning tanks and equipment, asbestos abatement, and dismantlement. Phoenix safely completed the required work in 4 months with a 10 man crew. We utilized (2) excavators with grapple/shear, bobcats, lulls, and cranes.   Tank and Equipment Cleaning The 90+ outside tanks, and (4) 250,000 gallon + tanks, contained substantial product, residual materials and/or heels. Phoenix opened all vessels to test and identify quantities and materials. We then removed all liquid materials via a vacuum truck and cleaned where necessary. For tanks that had heels that could not be removed by a vacuum truck, we cleaned the top portion, and then cut the tanks down to the top of the heels. We then disposed of the remaining tanks with the heels in place, or removed the heels and scrapped the remaining tanks.   Demolition Permits and Tank Permits and Storm Water Control Plan Phoenix obtained approximately 90 permits for the outside tank removal and 2 permits for the demolition of the buildings. The site owner performed the sewer and water disconnects, as well as electrical disconnects prior to our work. The plant is located on the water, and so it was critical to follow the storm water control plan the site had in place.

The main uses of formaldehyde are urea formaldehyde (UF) resin, used as a binder in particle board and medium density fiberboard (MDF); melamine formaldehyde (MF) resin, used in laminates; phenol formaldehyde (PF) resin, used as an insulation binder in laminates, and high-tech automobile and aviation applications; and rigid polyurethane (PU) foams, used in construction where superior insulating and mechanical properties are needed. Formaldehyde is primarily produced as a 37% aqueous solution, which makes trade costly, as there is less than two-fifths of formaldehyde per unit of liquid, thus increasing the amount of solution that needs to be delivered, which in turn increases transportation costs. Formaldehyde prices are set on a quarterly basis and track methanol feedstock. In Europe, formaldehyde is usually consumed locally. Polioli SpA was a major formaldehyde producer in Italy. During the past 45 years, Polioli developed its formaldehyde process reaching a very high level of efficiency and reliability. In 1987, Polioli built a 60,000 TPY formaldehyde plant which produced formaldehyde solution at 37 wt.%, with residual methanol of 0.5 – 1.0 wt.%, and formic acid of less than 200 PPM. In 1991, the plant upgraded its reactors. After a larger formaldehyde plant was built by Polioli, this plant was shut down in 2012. Phoenix purchased this formaldehyde plant and re-sold its equipment, piping, instruments and technical documents to a customer from Asia. All original technical documents of this plant were written in Italian and available only in hard copy. Phoenix arranged to translate over 400 original documents into English by an experienced process expert, including translating and transferring all documents to an electronic format. Phoenix was responsible for the match-marking, dismantlement, export sea worth packing, loading and inland and sea transportation of this plant to its final destination.  As part of the work, we provided a complete 3D laser scan of the plant. The final shipment included 15 expertly packed 40 ft sea containers and 5 large break bulk items, totaling around 300,000 kg. Phoenix completed the dismantlement and delivery within 6 months of receiving the order. In addition, Phoenix helped the customer obtain engineering services for upgrading the plant, supervision for the re-installation and guidance for the commissioning. The customer will receive a process guarantee. 

Evonik closed its Silanes and Orthoester Specialty Chemical Plants for business reasons in 2010 at its Theodore, AL site. The closed plants were located within Evonik’s large operating complex.  Evonik needed land the plants sat on for another project.  Although Evonik could have simply demolished the plants, they recognized that they could recover the most value by contracting with a process equipment buyer who had the ability to not only remove the process equipment of value but also complete the removal of all unwanted structures and piping within the area.  Phoenix purchased the equipment in July 2012 and safely completed the complex dismantlement and demolition scope by February 2013.   Our Solution Asset Recovery / Sales Plan Phoenix Equipment paid Sanofi for the plant and equipment and performed all removal and dismantlement work at no cost.  We were able to do this by leveraging our ability to purchase and resell process equipment.  Phoenix safely dismantled and rigged out at its own expense over 100 pieces of process equipment for resale, including:(13) Hastelloy Reactors, (9) Glass Lined Reactors, (3) Filter Dryers, (13) Hastelloy Heat Exchangers/Condensers, (3) Centrifuges, (4) Shelf Dryers, (12+) Sparkler and Nutsche Filters, (5) Milling Systems (10) Temperature Control Units, (10+) Tanks, (4) Chillers, (10+) Lab Equipment, and (10+) Scales.   Asset Recovery Summary 100+ Pieces of Process Equipment250,000 lbs+ of Non-ferrous material1500 Ton+ of Carbon Steel   Dismantlement Work Total Plant Demolition Equipment RiggingScrap Recycling In addition to equipment removal and building demolition, Phoenix offered a turn-key demolition service as part of our acquisition that included the following: Geographical Survey, Disconnects and Utility Safe-offs, Electrical Terminations, Testing of Masonry Materials, Extermination, Soil Erosion Control and Landscaping.  Our 8 person crew spent six months at the NJ plant to safely perform the project without any injury or incident.  Phoenix utilized a Komatsu PC400 Excavator equipped with a shear, a Komatsu PC300 Excavator equipped with a grapple, various cranes ranging from 65 Tons to 500 Tons, various man-lifts, skid steer dozers and forklifts.  Our crew worked with the plant’s employees to time our operations in the plant’s active areas.

Industry: Energy, Chemicals & Industrial Gases Application: Synthesis Gas (H2 + CO) Production Asset Type: Steam Methane Reforming (SMR) Plant Plant Capacity: 18,500 Nm³/hr (653,000 SCFH)   The Challenge: A Fully Built Syngas Plant, Sitting Unused A leading North American energy company had invested heavily in a Gas-to-Liquids (GTL) initiative, anchored by a high-capacity HyCO plant engineered for synthesis gas production. The facility was completed, test-run, and mechanically sound — but due to a shift in strategic direction, the GTL project was shelved before full operations began. What remained was a $50M+ asset — idle, underutilized, and tying up valuable site space and capital. That’s when Phoenix Equipment stepped in.   Phoenix’s Role: Turning a Stranded Plant into a Strategic Opportunity Phoenix Equipment identified the dormant plant’s long-term value and moved swiftly to acquire it on speculation — no buyer lined up, just confidence in its market viability. We then led a comprehensive preservation and relocation effort, including: 3D laser scanning and detailed matchmarking Professional dismantling and labeling Secure storage and logistics coordination Complete documentation, including P&IDs and mechanical data   By assuming ownership and handling every step, we enabled the original owner to: Recoup capital quickly Eliminate environmental and site liabilities Clear the site for future development   What Made This Syngas Plant So Valuable? Unlike standard hydrogen units, this plant was designed to produce a controlled H2/CO ratio — true synthesis gas — opening the door to multiple downstream uses: Fischer-Tropsch synthesis Oxo-alcohols, acetic acid, or methanol production Formaldehyde and other gas-based chemicals Syngas platforms for clean fuels or alternative energy Its flexibility was key. And with a PSA system, the unit could also be adapted for high-purity hydrogen production — making it even more attractive to future-focused buyers.   The Right Buyer, Without the Wait With the plant safely dismantled and stored, we launched a targeted outreach strategy to connect with: Multinational chemical producers Industrial gas providers Advanced energy companies Blue hydrogen developers The result: We placed the unit with a global chemical manufacturer seeking to fast-track syngas-based production — bypassing the 2–3 year wait for new-build capacity.   The Outcome: Smart Recovery, Sustainable Results For the Seller: Monetized an idle, non-core asset Avoided costly demolition and site maintenance Freed up real estate for future expansion   For the Buyer: Acquired a high-volume plant at a fraction of the new-build cost Accelerated production timelines by years Retained hydrogen conversion potential for future needs   For the Environment: Reused thousands of tons of steel and processing equipment Significantly reduced embodied carbon footprint   Takeaway: Stranded Assets Don’t Have to Stay Stranded This case demonstrates what’s possible when foresight meets execution. With Phoenix Equipment, process plants that no longer serve one business can power the next — sustainably, strategically, and efficiently.   Next Up: Another Hydrogen Plant, Ready to Redeploy Following this successful project, we’re offering another hydrogen production plant with: Capacity: 2,266 Nm³/hr (80,000 SCFH) Status: Fully dismantled, matchmarked, and warehoused Design: Built for high-purity hydrogen Availability: Immediate   Explore the Listing: Hydrogen Plant – 2,266 Nm³/hr   Need to Unlock the Value in an Idle Plant? Whether you’re holding underused assets or seeking fast-turnaround capacity for syngas or hydrogen production — we can help. Contact us today, and we will be happy to assist you with all your plant sale and acquisition needs.

Phoenix acquired an unused 17,000 lbs/hour (7,748 kg/h) freeze concentration plant located at the Starbucks facility in Augusta, Georgia. The system consisted of four identical processing lines, installed in 2013, but never commissioned due to a project cancellation. Starbucks required the equipment to be removed to make space for a new project. Phoenix executed a purchase agreement, completed payment, and committed to removing the plant within a defined timeline. Multiple prospective buyers were developed, and Phoenix successfully sold two lines to a citrus extract manufacturer in Latin America. The removal, match-marking, crating, and preparation for overseas shipment were completed by Phoenix. The remaining unsold units were transferred to Phoenix’s storage yard for future resale opportunities. Summary Timeframe: August 2023 – August 2024 Service: Plant Acquisition & Relocation Value:$1,500,000  Result The freeze concentration plant was removed by Phoenix on Starbucks’ timeline. Two lines went to a citrus processor in Latin America, and the remaining units were sold to multiple buyers for varied projects—enabling fast deployment and significant savings over new equipment for the buyers.

Phoenix acquired all process assets from Flying Dog Brewery’s facility in Frederick, Maryland, following the brewery’s acquisition by a larger beer producer and subsequent production relocation. The original Flying Dog owners, who retained ownership of the land and buildings, sold the property to a non-beverage manufacturer and were required to clear the site within a defined timeframe. Phoenix promptly signed a purchase agreement and managed the complete liquidation of the brewery’s equipment. Assets included a 50 BBL and 15 BBL brewhouse, over a dozen 200–250 BBL jacketed fermenters, a yeast propagation system, grain handling equipment, bottling equipment and more. Some items were sold via auction, with remaining assets transferred to Phoenix’s yard for future sale. Summary Timeframe: October 2023 – March 2024 Service: Plant Liquidation & Auction Value: $1,250,000 Result Phoenix swiftly fulfilled all obligations, clearing the Frederick, MD site on schedule. The owner was paid and recovered part of their investment, while Phoenix auctioned key assets and moved remaining equipment to inventory for resale, maximizing value from the decommissioned brewery.

Project Background and Scope Phoenix developed a client that had an urgent need for a secondhand hydrogen plant. The client was a start-up clean fuels company that was focused on converting waste into renewable hydrogen. Facing a tight schedule to start production, the client requested Phoenix’s help to find an immediately available hydrogen plant. Phoenix didn’t have an immediate fit, so we aggressively scoured the market by approaching current hydrogen producers such as refineries, hydrogenators, and chemical plants. After extensive work, Phoenix presented three options to our client. Eventually, our client selected a used 2 MMSCFD (2,350 Nm3/hr) hydrogen plant that was to be replaced at the Calumet site in Montana. Calumet had a tight removal schedule as the footprint of the hydrogen plant was required for a renewable diesel project. Utilizing plant approved contractors, Phoenix arranged the dismantlement and relocation, performing and safely completing all work throughout the winter months in Montana.    Project Highlights Timeframe: November 2021 – March 2022Service:Plant Acquisition & RelocationValue:$2,000,000 Project Outcome Through Phoenix’s arrangement, the buyer inspected, purchased, dismantled and relocated the hydrogen plant within 5 months. The previous plant owner obtained much needed space for a new construction project scheduled for FY 2022.  

Phoenix acquired the plant for more than scrap value and agreed to dismantle the plant to tops of concrete within 18 months. After attempting to sell the plant in its entirety for relocation, we initiated site dismantlement and asset recovery by engaging a Canadian subcontractor. 

Phoenix, in partnership with two other companies, purchased the entire 100+ acre site in as is where is condition after BP elected to shut down and exit the business. As part of the purchase, we assumed the responsibility for environmental condition, taxes, security and to dismantle the plant. We safely dismantled the plant, liquidating over 150 pieces of machinery; and BP was able to avoid the costs of dismantling the site and carrying the property.

Phoenix was engaged to dismantle the processing plant portion of the site so that it could be repurposed as a warehouse. Removal included outdoor and indoor equipment. Nalco was able to remove the chemical processing equipment and transform the site to a warehousing operation quickly and safely.

Phoenix purchased this Gas-to-Liquids plant that was built in 2016. Envia required that we dismantle the site within a very short time frame so that they could sell the land. We closed on the transaction in less than week and mobilized within 10 days. We saved over 100 pieces of equipment including a complete 15.7 MMSCFD Hydrochem Syngas plant. Envia was able to clear the land and receive value for the assets quickly.

Tronox, in partnership with two other trona producers in Green River, constructed a Beneficiated Milled Trona (BMT) plant to produce a specific product for the power industry in 2013. After only a few months of operation, the plant ceased operations. The plant was located within Tronox’s existing Green River site, and integrated with other operations. The BMT plant was three separate buildings – Ore Handling, Beneficiation, and Milling. Elevated conveyors ran between each building, and spread over several miles and several live operating areas. In 2016, the partnership set a hard deadline to dismantle the plant and searched out companies that could safely and cost effectively remove the BMT plant including all associated concrete foundations, pedestals and footings. Asset Recovery / Sales Plan Phoenix Equipment had previously bought and sold for relocation a complete sodium cyanide at the Green River site.  Based on our previous relationship, Tronox invited us to participate in a competitive bid to dismantle and salvage the BMT plant.  Phoenix Equipment was awarded the project because we provided the highest equipment and salvage credit to Tronox and had demonstrated the ability to safely work at the MSHA regulated site.  Prior to starting dismantlement work, we initiated a multi-faceted marketing campaign to develop buyers for the large mining process machinery.  We sold many items directly from site and transported the balance to a storage yard for future sale.  By project end, Phoenix safely dismantled and rigged out at its own expense over 100 pieces of process equipment for resale, including:  (2) DF-85 Williams Fluid Bed Roller Mill Systems; (2) Tomra Commodas Ultrasort Pro Secondary XRT C1200 Sorters; General Kinematics Model STM 96X2 Single Deck Vibratory Screener; McLanahan Model BDDR2448007 Double Roller Crusher; McLanahan Model 48"W x 17'6"L Apron Feeder; Gundlach Roll Crusher and several miles of elevated conveyor. Asset Recovery Summary 100+ Pieces of Process Equipment 3500 Ton+ of Carbon Steel Dismantlement Work Our subcontractors spent about 10 months on-site safely perform the project without any injury or incident.  Dismantlement Summary Equipment Rigging Plant Dismantlement and Demolition Scrap Recycling

History Calpine decided to close, for business reasons, its 56MW cogeneration plant in Newark, NJ.  Phoenix acquired the site and committed to perform the total demolition, returning it to a parking lot, at no cost to Calpine. The plant, built in the early 1990’s, was compromised of a 40 MW GE Frame 6B Gas Turbine Generator, a 20 MW ABB Alstom Steam Turbine Generator, an HRSG and all associated equipment. Its main building was a 90’ x 150’ x 45’ high (1) story structure. The HRSG had an 8’ diameter x 215’ high steel stack. The site was located on a pad 4 to 6 feet above adjacent grades and surrounded by a paper recycling operation to its south and west; the site access road/railroad tracks to its north and an active street to its east. Further complicating the salvage/demolition project, the energy company had already terminated electric power to the site and the soils below the plant had to be left undisturbed in place and capped.   Solution  Phoenix Equipment Corporation was chosen to perform the contract because:   Phoenix’s ability to market/sell equipment to re-users, lowering the project’s cost to the energy company. Phoenix’s ability to devise a safe and efficient demolition work plan for the project in a confined/congested work area. Phoenix’s ability to deal with Newark, NJ’s various governmental agencies, obtaining the necessary permits for the site. Phoenix’s ability to coordinate/manage its necessary subcontractors to provide a safe and smooth running project    While waiting for the demolition permit to be issued for the project by the City of Newark, Phoenix had to salvage portions of the (2) turbines (a crane would be need to lift sections), portions of the water filtration units, the transformers and the cooling towers.  Using an outside crane for the turbine and water filtration unit salvage would have cost too much and taken to long. Phoenix reactivated the building’s overhead crane for the project to capture the maximum benefit for the equipment salvage value, speed the salvage process and maximize the site’s minimum available space. The 215’ high steel stack had to be taken down with cutting torches. The surrounding paper recycling facility had to be protected. Phoenix and its subcontractor sealed the scaffolding around the stack and contained all the sparks emitted by the torch cutting operation and used the chimney itself to chute the cut sections to the ground. After Phoenix demolished the stripped building to its slab using hydraulic excavators equipped with shears and grapples, our site contractor sealed openings in the site’s concrete walls with rebar and concrete, processed on site masonry to level the site and covered the entire .75 acre site with a 3” base and 3” of asphalt. Phoenix completed the project ahead of schedule garnering the maximum bonus available to it under the contract and a minimal cost to the energy company.   The project generated sales of: Portions of the gas and steam turbines Cooling towers (2) Tanks (2) Transformers Portions of the water filtration units   The scrap materials generated at the site were: 2,500 Tons scrap 50,000 Pounds of copper 5,000 Tons masonry

Plant Type: 1,500 Nm3/Hr Hydrogen (Syngas) Plant Original Location: Ontario, Canada                                 Destination: Asia   Artificial trans fats have become considered harmful for your health. Many European countries have banned artificial trans fats in food manufacturing. America and Canada will phase out the production of artificial trans fats in 2018. Foods containing artificial trans fats, such as cooking oils; are fully or partially hydrogenated. Facing the phase-out, many food/oil manufacturers will have to stop their hydrogen production plants. ADM operates an oilseeds processing facility in Canada where its 55,000 SCFH hydrogen plant has been shut down and will not be re-started.  The plant has a Glitsch designed steam-methane-reforming (SMR) process and includes a pressure swing adsorption (PSA) purification system. Hydrogen product reaches 99.99% purity. Most equipment is skid-mounted for easy dismantlement and shipment and has been kept inside of the process building. After shutdown, the plant was properly mothballed and kept under a nitrogen blanket to prevent corrosion.  Phoenix purchased this hydrogen plant and re-sold it to a customer from Asia. The customer will use the plant to produce additional hydrogen for its hydrogen peroxide production. As part of the sale, Phoenix was responsible to manage the dismantlement, match-marking, crating, packing and shipment of the plant to Asia.  Work was completed in approximately 2 months.

Omnova Solutions closed its Calhoun, GA plant that produced styrene butadiene latex materials for the carpet and paper markets and intended to convert the site to a terminal operation. The processes, buildings and equipment that were shutdown and needed to be removed where scattered throughout the site and in close proximity to buildings and equipment that would remain as part of the continuing terminal operation. Certain equipment, such as boilers, compressors and spiral heat exchangers were inside buildings that would be converted to storage space and remain.  The main pipe racks would remain in sections, however, dead lines had to be carefully removed from the pipe racks. Asset Recovery / Sales Plan Phoenix Equipment was awarded the contract to dismantle the plant based on our ability to reduce the cost to Omnova by offering significantly more that scrap value for the redundant machinery and equipment.  Phoenix safely dismantled and rigged out at its own expense over 35 pieces of process equipment for resale, including: (3) 10,000 Gal SS Clad Reactors, rated 400 psi internal and 80 psi on the jacket, weighing over 50,000 lbs • (2) 7,000 Gal SS Reactors, rated 150 psi internal and 150 psi on the jacket, weighing over 35,000 lbs •  Butadiene Distillation System, Built 2008  • (2) 800 HP Cleaver Brooks Boilers, 200 #, Built 2007 • (2) 50,000 Gal Horizontal Pressure Tanks • (10) SS tanks ranging from 3.000 gallon to 20,000 gallon • Vertical and Horizontal Stainless Steel and Carbon Steel Shell & Tube Heat Exchangers. Asset Recovery Summary 35+ Pieces of Process Equipment 250,000 lbs+ of Non-ferrous material 1500 Ton+ of Carbon Steel Dismantlement Work Our 8 person crew spent five months at the Georgia plant to safely perform the project without any injury or incident.  Phoenix utilized a Komatsu PC400 Excavator equipped with a shear, a Komatsu PC300 Excavator equipped with a grapple, various cranes ranging from 50 Tons to 250 Tons, various man-lifts, skid steer dozers and forklifts.  Our crew worked with the plant’s employees to time our operations in the plant’s active areas. Dismantlement Summary Equipment Rigging Plant Dismantlement and Demolition Scrap Recycling

A major producer of Cashew Nut Shell Oil (CNSL) ceased manufacturing of CNSL at its Newark, NJ plant.  The property contained approximately (20) buildings which were used for CNSL production and office/warehouse. There were (9) buildings with approximately 50,000 square feet used for CNSL production and (11) buildings with approximately 100,000 square feet used for office/warehouse space. The other features at the site were (3) major tank farms holding over (30) tanks, (3) smaller diked areas each containing 1 to 3 tanks and pipe bridges containing thousands of linear feet of piping.The new owner, a major supplier of construction materials, wanted to convert the existing site into a warehouse and distribution center for its products. Phoenix Equipment Corporation was selected for the owner’s site conversion process because:  Phoenix’s ability to purchase and resell process equipment and tanks significantly lowered the cost of the site’s reconfiguration. Phoenix’s ability to manage a complex project involving subcontractors for the following activities: utility disconnects - electrical, water and sewer disconnects to buildings being demolished (there were separations so that remaining buildings could still have service); asbestos abatement; removing and containerizing non-hazardous CSNL from much of the process equipment and piping as well as hazardous materials (Sulphuric Acid, Caustic, EDA, TETA, etc.); total building demolition and gut-out of remaining structures. Phoenix’s ability to deal with the local and state agencies that governed and reviewed the project. Our work included: Demolish (6) of the process buildings to grade and remove all process equipment from the remaining (3) buildings. Remove all site tanks and dike areas to grade. Remove and dispose of CSNL heels in (6) large bulk storage tanks and clean all process piping, equipment and tanks to make them suitable of resale or recycling.   The equipment saved for resale on the project included: (25) 1,000 gallon to 15,000 gallon Stainless Tanks   (1) “V” Blender (10) Heat exchangers   (1)  Ribbon blender   (2) Rotex screeners   (2) Hosokawa mills   (1) Witte fluid bed dryer   We recycled the following quantities of materials: 1,350 tons of steel 150,000 pounds of stainless steel 10,000 tons - masonry (crushed and left on site)

Background: Occidental invested significant capital to expand and up- grade the specialty chemical facility in Niagara Falls, NY in the late 1990’s.  However, due to unfavorable business conditions, Occidental decided to close the specialty chemical processes. After Occidental was un- able to sell the unit as an operating business, there were compelling reasons for them to demolish non-operating buildings and remove the assets from site.  This project was initially budgeted to be a $15,000,000 cost.   Solution: Our worldwide technical and marketing knowledge of the chemical processes, technology, patents and equipment enabled Phoenix to perform the decommissioning at no cost to Occidental. Together with Occidental, we structured an approach that that allowed us to market the processes and equipment we had purchased while performing a major five phase decommissioning project. Although Occidental was unable to sell the assets as an ongoing business, they were able to recapture significant value from those assets and have their facility safely dismantled at no cost.    Key Notes: Our purchase of the specialty chemical assets included nine complete plants/processes: Ring Chlorination Hydrofluorination Photochlorination Nitrilation Flexible Chlorination Muriatic Acid Phosphorous HF Unloading System Liquid Waste Incinerator Our purchase included an 80,000 square foot lab that we were able to re-sell to be operated in place.  

Phoenix purchased a 600,000 gallon tank farm and unloading station operation that was closed down. As part of our purchase we removed all assets from site, including a large concrete retaining wall structure, restoring the property to Greenfield. The project was completed in September 2008.  We sold several tanks and scrubber for re-use; we recycled over 1,000,000 lbs of non-ferrous materials and 1,000 tons of ferrous material.   The equipment saved for resale on the project included: (13) 45,000 Gallon 304L Stainless Steel Horizontal Tanks (1) 15,000 Gallon 304L Stainless Steel Horizontal Tanks (2) 7,000 Gallon 304L Stainless Steel Horizontal Tanks  (1) 3,000 304L Stainless Steel Horizontal Tanks