20 September 2013 21:01 [Source: ICIS news]
HOUSTON (ICIS)--A new railroad line will be built in ?xml:namespace>
President Evo Morales said a
YPFB anticipates its plant will begin operations by Q3 2015 and produce 650,000 tonnes/year of urea and 400,000 tonnes/year of ammonia. Roughly 80% of the urea will be designated for the export market, with the ammonia being produced for industrial usage for products like explosives and paints.
Cost estimates for the transportation project are calculated at $250m (€185m), and the work contract has be awarded to the Spanish construction company Yapilo and two Chinese firms, CAMC and China Railway. Building of the new line will be divided into three sections, with CAMC and China Railway responsible for the railway portion, while Yapilo will be handling the necessary bridge work.
While Morales did not announce a start date for the project, he did say it is estimated that this new railroad line will be completed within two years. He said the goal of the Bolivian government is to see the Montero-Bulo Bulo line become a part of a much larger system of tracks that could connect the country’s
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