21 June 2010 23:06 [Source: ICIS news]
HOUSTON (ICIS news)--A Chinese joint venture plans to build a 1,500 tonne/day ammonia plant in Tierra Del Fuego, Argentina, a contractor for the project said on Monday.
The plant would be owned by Tierra Del Fuego Power and Chemical, a joint venture formed by China-based Shaanxi Coal and Chemical Industry Group, Shaanxi Xinyida Investment and the Jinduicheng Molybdenum Group.
The contract is the first overseas project investment for the joint venture and the largest Chinese investment in Argentina, according to KBR.
Financial terms were not disclosed.
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