Samsung Engineering wins $843 mn fertilizer plant contract in Bolivia

Samsung Engineering wins $843 mn fertilizer plant contract in Bolivia

10:10 AM, 14th August 2012
Samsung Engineering wins $843 mn fertilizer plant contract in Bolivia

LA PAZ, BOLIVIA: Samsung Engineering Co has won an order for $843 million fertilizer plant from Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia’s state-owned oil company. The South Korean construction & engineering company said the project is the first it has won in Latin America. The plant is expected to be completed in 2015. The facility will be built to produce 650,000 tonne of ammonia per year and 725,000 tonne of urea, which is used to make fertilizer and a slew of other products.

© Reuters News

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