Japanese consortium work fertilizer plant project in Angola

Japanese consortium to work on fertilizer plant project in Angola

1:02 AM, 17th November 2011
Japanese consortium to work on fertilizer plant project in Angola

 

TOKYO, JAPAN: Mitsubishi Heavy Industries Ltd and Toyo Engineering Corporation, Sojitz Corporation, Sumitomo Corporation entered into an early work agreement covering a portion of the engineering work (basic design, preparation of engineering documents and contracts, site surveys and other work) for an ammonia and urea fertilizer plant with the ministry of geology, mining and industry (MGMI), Angola. The four member companies of the Japanese consortium also plan to obtain the order for plant engineering, procurement and construction following the early work. The entire project including peripheral infrastructure will be worth more than ¥100 billion.

The ammonia and urea plant will be constructed in Soyo, Angola. Construction including production and shipping facilities is scheduled to be completed by the end of 2015. The planned daily production capacity is 2,000 tonne of ammonia and 1,750 tonne of urea. Angola is dependent on fertilizer imports and this is an important project that will contribute to a switch to domestic production through the effective use of domestic natural gas.

Angola’s economy is growing rapidly and the average GDP growth rate is about 11.5 per cent from 2001 to 2010 thanks to the presence of abundant energy and metal resources. Production facilities for LNG, electricity generation and fertilizer are being developed.

With a growing population, fertilizers are also essential for efficient and sustainable agriculture and this project will make a contribution to addressing this issue.

(C) WOC News

 

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