MONTREAL, May 18, 2010 /CNW Telbec/ - SNC-Lavalin is pleased to announce that SNC-Lavalin in Europe has been awarded an engineering, procurement, construction management (EPCM) contract to build a grassroots sulphuric/phosphoric acid complex including utilities and a power plant in Eshidya, Jordan by JIFCO, a joint venture company owned by Jordanian Phosphate Mines Company (JPMC) and Indian Farmers Fertiliser Cooperative Limited (IFFCO). JPMC is a leading phosphate rock, phosphoric acid and fertilizer producer in Jordan, and IFFCO is the largest fertilizer producer and distributor cooperative in India. The total estimated investment value of the project is about CAN$630 million (US$625 million).
SNC-Lavalin will provide overall project management, detailed design, proprietary equipment items and construction management for the facilities. This world-class complex will have a capacity of 500,000 tonnes/year of phosphoric acid. It includes a single line sulphuric acid plant with a capacity of 4,500 tonnes/day, making it the largest single stream unit in the world.
"This contract reflects our notable experience and technical capabilities in the fertilizer field" said Jean Claude Pingat, Executive Vice-President, SNC-Lavalin Group Inc. and President, SNC-Lavalin in Europe. "It is also an excellent example of how SNC-Lavalin creates synergies among its various areas of expertise to bring added value to its clients, in this case the provision and integration of sulphuric and phosphoric acid plants and other associated facilities."
Work will begin immediately and production start-up is expected before the end of 2012.
SNC-Lavalin (TSX:SNC) is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. www.snclavalin.com.
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