QNCC opened commercial bids in mid-January for the consultancy contract, for which about seven international firms are competing. The FEED package will take two-three months to prepare, allowing for the engineering, procurement and construction (EPC) tender to be issued in the third quarter. QNCC is aiming to award the 27-month EPC contract by in the final quarter.
QNCC's last expansion was completed in 1998 by France's Fives-Cail Babcock (FCB)and involved the construction of a new 700,000-t/y plant at Umm Bab (MEED 27:1:95).
The capacity of the Umm Bab complex currently stands at 900,000 t/y of clinker and 1.4 million t/y of cement. The expansion is being undertaken to meet a projected surge in local cement demand as a result of an estimated $5,000 million programme to upgrade the state's infrastructure and Qatar Petroleum's capital expenditure plan (MEED 17:1:03).
QNCC is not the only local building supplier planning an expansion. Qatar Steel Company (Qasco)unveiled in late 2002 a $300 million-400 million project to expand its Mesaieed plant, which will add 500,000 t/y of steel capacity and 1.2 million t/y of direct reduction iron (DRI) capacity. Qasco has recently appointed the UK's WS Atkins & Partnersas the technical consultant for the expansion and a team of HSBCand Qatar National Bankas financial adviser (MEED 17:1:03; 22:11:02).
You might also like...
Amiral cogen eyes financial close
26 April 2024
Lunate acquires 40% stake in Adnoc Oil Pipelines
26 April 2024
Saudi Arabia's Rawabi Holding raises SR1.2bn in sukuk
26 April 2024
Iraq oil project reaches 70% completion
26 April 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.