SNC-Lavalin Secures a Contract from Norilsk Nickel for Sulphur Recovery Project in Russia

SNC-Lavalin has been awarded a contract by Norilsk Nickel for a sulphur dioxide mitigation project in Russia

Russia: Norilsk Nickel, a Russia based nickel and palladium mining and smelting company, has awarded SNC-Lavalin a contract to implement a sulphur recovery project at the company’s Nadezhda Smelter at Polar Division in the Krasnoyarsk Region, Russia. The main aim of the project is to reduce sulphur dioxide emissions by capturing released sulphur dioxide. The sulphur dioxide mitigation projects is expected to be one of the largest of its kind across the globe. The contract includes the preparation of detailed engineering and process drawings along with the execution of the project through SNC-Lavalin’s offices in Toronto and Moscow.

TechSci Research depicts that the implementation of sulphur dioxide mitigation project in Russia is anticipated to drive growth in future supply of sulphur, thereby providing raw material to produce sulphuric acid. This would further augment the growth in Russia sulphuric acid market over the next few years.

According to the recently published report by TechSci Research, “Global Sulphuric Acid Market, By Manufacturing Process (Lead Chamber and Contact Process), By Raw Material (Sulphur, Exhaust Gases, Pyrite), By End-Use Industry (Fertilizers, Chemical etc.), By Region, Competition Market Forecast & Opportunities, 2011-2025”, global sulphuric acid market is projected to exhibit a CAGR of 2.27% during 2016-2025, on account of rising use of sulphuric acid as an intermediate as well as a raw material for chemical manufacturing. Moreover, fertilizers application segment dominated global sulphuric acid across in 2015 and the segment is projected to continue dominating the market through 2025, owing to expanding phosphate fertilizer production capacities to address the increasing demand for food. Moreover, Asia-Pacific was the largest regional market for sulphuric acid in 2015, and the region is anticipated to continue dominate the market through 2025, on account of high demand from countries such as China and India.