Iran’s NPC to build three nitrogen fert complexes

15 November 2007 17:05  [Source: ICIS news]

LONDON (ICIS news)--Iran’s National Petrochemical Company (NPC) has entered into an agreement to build three nitrogen fertilizer complexes at a cost of €1bn ($1.46bn), a source at Iran Petrochemical Commercial Company (IPCC), said on Thursday.

 

They complexes will be built at Zanjan in the northwest, Golestan in the north and Lordegan in the central region.

 

The complexes will each have a capacity to produce 1.07m tonnes/year of urea and 680,000 tonnes/year of ammonia, according to the source.

 

Germany’s Uhde and Italy’s Ammonia Casale have been contracted to build the ammonia plants, while Japan's Toyo Engineering Corp will build the urea units.

 

Construction is expected to start in 2008 and take four years to complete, said IPCC, with the urea earmarked for the domestic market.

 

($1 = €0.68)

 


By: Antonella Harrison
+44 20 8652 3214



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