Toyo to build AN plant

Toyo to build AN plant

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) has announced a contract award worth approximately $40 million to Toyo Engineering India Pvt Ltd for the supply of a second ammonium nitrate on an LEPC (Lump Sum Engineering, Procurement and Construction) basis. The plant will have a capacity of 480 t/d (160,000 t/a), and is projected to be built over a 20 month project timescale. The project received board approval during GNFC’s most recent board meeting. Toyo Engineering India has established a strategic tie-up with Spain’s INCRO SA for the technology license and supply of process knowhow. The new ammonium nitrate plant represents a substantial expansion for GNFC, with the company stating that this installation will enhance their capacity by 94%. GNFC says that it will better position the company to serve India’s growing demand for AN, while leveraging advanced international technology through the Toyo-INCRO partnership.