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Tag: Contract

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.

SRU contract awarded for gas sweetening facility

India’s Megha Engineering and Infrastructures Limited (MEIL) has won a $225.5 million contract from the Kuwait Oil Company (KOC) for setting up a new gas sweetening and sulphur recovery facility at West Kuwait oilfields. The project, to be developed on a build-own-operate basis with a buyback option for KOC, includes design, construction, operation and maintenance. It will be completed in two years, followed by a five-year operation and maintenance phase.

NextChem to conduct study on SAF plant

NextChem subsidiary MyRechemical has been awarded an engineering study contract by Altalto Ltd. for a sustainable aviation fuel (SAF) plant in Immingham, Lincolnshire, based on its proprietary NX CircularTM gasification and NX CPOTM technologies. Altalto is a company set up by Velocys to develop SAF projects in the UK. The plant is expected to be operational in 2030. Initial targets include the production of 23,000 t/a of SAF for the UK market. Feedstock will be sourced from residual municipal solid waste (MSW) and commercial and industrial waste. The project has been awarded a grant from the UK Department for Transport’s Advanced Fuels Fund to progress basic engineering design. MyRechemical will operate as a technology provider and as coordinator for other technological partners. It will also supply engineering services.

Offtake agreement for fertilizer plant

ATOME says that it has signed a definitive offtake agreement with Yara for the purchase of the entire 260,000 t/a output of the low-carbon Villeta project. The plant will be based on 100% renewable baseload power, and will displace some 500,000 t/a of carbon dioxide equivalent. ATOME says that the agreement represents the last commercial milestone in its path to a final investment decision (FID), following the successful completion of other key commercial items, including the signing of the $465 million fixed-price, lump-sum engineering, procurement and construction contract with Casale.

Marimaca to acquire acid plant

Marimaca Copper Corp. says that it has recently executed a binding asset purchase option agreement to acquire a used sulphuric acid plant in Chile from CEMIN Holding Minero. Sulphuric acid is one of the key input costs for the Marimaca Oxide Deposit, and the ability to produce a significant amount of its own supply will reduce exposure to a volatile acid market. The agreement has an exclusivity period of three months to allow further detailed technical and engineering reviews including capital and operating cost estimates for the installation and operation of the 150,000 t/a sulphuric acid plant, whose output would represent approximately 30-40% of total acid consumption at the Marimaca Oxide Deposit, depending on the phase of development. Marimaca says that, based on market research and quotations received, the estimated equipment cost of a new sulphuric acid plant of similar capacity is approximately $35-40 million, with a total installation cost of $50-60 million. The cost of breaking down and relocating the plant to the site at Mejillones and the start-up costs of the used plant are expected to be materially lower than cost of new equipment. Indicative operating costs show the potential for an approximately 30% reduction in acid cost relative to current long-term forecast and normal historical spot and contract acid prices delivered to Mejillones.