KBR Awarded Contract by Tierra Del Fuego Power & Chemical Co., Ltd. for Development of Grassroots Ammonia Plant in Argentina
June 21 2010 - 4:39PM
Business Wire
KBR (NYSE: KBR) today announced that it has been awarded a
contract by Tierra Del Fuego Power & Chemical Co., Ltd. to
provide licensing and process design for a grassroots ammonia plant
in Tierra Del Fuego, Argentina.
KBR will license its conventional ammonia technology for the
anticipated 1,500 metric tons per day (MTPD) plant, which will
utilize the country’s abundant natural gas resources to produce
high yield fertilizer for the region. Work on the project is
expected to begin as early as July 2010.
Tierra Del Fuego Power & Chemical Co., Ltd. is a joint
venture formed by China-based Shaanxi Coal and Chemical Industry
Group, Co. Ltd., Shaanxi Xinyida Investment Ltd. and Jinduicheng
Molybdenum Group, Co., Ltd. The contract award marks the first
overseas project investment for the joint venture and the
largest Chinese investment in Argentina.
“KBR is well-positioned to assist Tierra Del Fuego with this
project because of our expertise and track record of service in
ammonia production,” said Tim Challand, President, KBR Technology.
“This is our first ammonia project in the region and we look
forward to providing our services to this grass-roots project and
having the opportunity to expand KBR’s global ammonia
portfolio.”
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power and industrial markets. For more
information, visit www.kbr.com.
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