Contractors are preparing proposals for an estimated $300 million upgrade and expansion of the ammonia and urea facilities at Shiraz Petrochemical Company (SPC). The current bid deadline is 20 November, although this is expected to be extended. SPC is a subsidiary of National Petrochemical Company.
Prospective bidders include: Japan's Kawasaki Heavy Industries (KHI), with the local Nargan; Italy's Snamprogetti, so far without a local partner; and Japan's Toyo Engineering Corporation, with Switzerland's Ammonia Casaleand the local Petrochemical Industries Design & Engineering Company (PIDEC). The new plant will have capacity of 670,000 tonnes a year (t/y) of ammonia and 1.1 million t/y of urea. Existing production from the two ammonia plants at the same complex is 477,000 t/y and 567,000 t/y from the two urea plants. Earlier this year, a team of Toyo, PIDEC and Japan's Chiyoda Corporationwon a $240 million contract for another ammonia/urea project at Assaluyeh. Fertiliser projects feature large in Iran's petrochemical expansion plans.
You might also like...
McDermott completes financial restructuring exercise
28 March 2024
Region heads for hotel boom
28 March 2024
Lowest bidders emerge for Kuwait housing project
28 March 2024
Redcon wins Red Sea Triple Bay infrastructure deal
28 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.