Sunday 21 July 2019

Thyssenkrupp wins Egypt fertiliser complex EPC deal

CAIRO, March 19, 2019

German industrial conglomerate Thyssenkrupp said its plant engineering business has won a major order from the Egyptian group NCIC (El Nasr Company for Intermediate Chemicals) for its new fertiliser complex coming up near the capital Cairo.

The project is being implemented by thyssenkrupp in a consortium with the Egyptian company Petrojet.

It is expected to go into operation in 2022 and produce up to 440,000 tonnes of ammonia, 380,000 tonnes of urea and 300,000 tonnes of calcium ammonium nitrate (CAN) every year, said the company in a statement.

As per the deal, the company will provide engineering, procurement and construction (EPC) services for the complex which will be located at Ain El Sokhna, close to the existing NCIC phosphatic and compound fertilizer complex.

These new plants are part of NCIC’s plans to expand its current product portfolio to include high-quality nitrogen fertiliser for local and export markets, it stated.

On the contract win, thyssenkrupp Industrial Solutions CEO Marcel Fasswald said: "We have a particularly successful partnership with Egypt stretching back more than 160 years which offers great potential for the future. Our longstanding experience in plant construction, our strong local presence and close collaboration with our customers form the basis for our success and strong market position in the region."

Ralf Richmann, CEO Fertilizer & Syngas Technologies, said: "To date, we have planned and built 16 of the 17 existing nitrogen fertiliser plants in the country and are delighted that another state-of-the-art plant will now be added."-TradeArabia News Service


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