Thyssenkrupp Wins Order for Fertilizer Plant in Brunei
August 28 2017 - 5:33AM
Dow Jones News
By Max Bernhard
Thyssenkrupp AG (TKA.XE) on Monday said it received a large
order for a new plant in Brunei from state-owned Brunei Fertilizer
Industries.
The Germany-based engineering and steel company said the new
complex will produce nitrogen fertilizer using Brunei's large
natural gas reserves and forms part of the country's efforts to
diversify its economy.
The plant will have a daily production capacity of 2,200 tons of
ammonia and 3,900 tons of urea, Thyssenkrupp said, adding that it
is scheduled to be completed in 2021.
"This major order will further strengthen our market position
and growth in the Asia-Pacific region," said Peter Feldhaus, chief
executive of Thyssenkrupp's Industrial Solutions.
Write to Max Bernhard at Max.Bernhard@dowjones.com
(END) Dow Jones Newswires
August 28, 2017 05:18 ET (09:18 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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