BioNitrogen Holdings Corp. (BIONQ)

[LongRun8]

Here is info about why they didn't build the plants in Texas from their press release (i.e. not enough biomass):

http://www.marketwire.com/press-release/bionitrogen-corporation-announces-agreement-to-purchase-biomass-in-florida-pinksheets-bion-1689696.htm

I have copied and pasted the pertinent info below:
Earlier this year, BioNitrogen announced that it had signed a Letter of Intent to construct a fertilizer plant in West Texas. Due to a reassessment of both the availability of appropriate biomass and the potential market for urea in the region, the company has decided to postpone any expansion in West Texas and focus its resources and capital in Hardee County, Florida. As noted above, Hardee County has both a large supply of wood-based biomass and a large potential market for urea, making it an ideal location to build BioNitrogen's first plant. At some point in the future, the company may review the feasibility of a plant in West Texas.