Midwest Fertilizer Company LLC Awards EPC Contract for Fertilizer Plant in Indiana, US
United
States: Midwest
Fertilizer Company LLC, a Kansas based nitrogen fertilizer manufacturer has
awarded an Engineering Procurement
Construction (EPC) contract for building a world-scale nitrogen fertilizer
complex to ThyssenKrupp Industrial Solutions (USA), Inc. The later company has
been engaged in large-scale plant construction and mechanical engineering. The
construction of the nitrogen fertilizer complex, which would cost around USD2 billion,
is expected to begin by mid-2016 and would be completed by 2020. The fertilizer plant, after being operational, would
generate 200 permanent job opportunities. On
completion, the plant would start the production of Ammonia, Urea, Urea
Ammonium Nitrate (UAN) and Diesel Exhaust Fluid. UAN produced in the plant
would be delivered in Midwest region of US. Additionally, plant would supply
fertilizer to agriculturists in the Eastern Corn Belt. Fatima
Fertilizer Company, unit of Fatima Group would be responsible for development
and sponsorship of the project.
TecSci Research depicts that the agreement signed between Thyssenkrupp,
Fatima Group and Midwest Fertilizer Company LLC would augment the production of
high quality fertilizers in order to cater the growing demand for nitrogen base
fertilizers globally.
According to
a TechSci Research report “Iran Fertilizers Market Forecast and
Opportunities, 2020”, demand for fertilizers in Iran continues to be dominated by
nitrogen fertilizers such as ammonium nitrate and urea, among others. Due to
the abundance of natural gas resources across the country, Iran has emerged as
prominent producer of urea and other nitrogen fertilizers.