TECHNIP : Awarded FEED Contract by The Mosaic Company for Proposed New Ammonia Plant in Louisiana
01/03/2013| 01:05am US/Eastern
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Technip (Paris:TEC) was awarded by The Mosaic Company (NYSE: MOS) the
front-end engineering and design (FEED) contract, as well as preparation
of the corresponding engineering, procurement and construction (EPC)
proposal, for a new ammonia plant under consideration by the global crop
nutrient company. Mosaic's preference is to locate the proposed plant
adjacent to the company's existing Faustina fertilizer manufacturing
operations in St. James Parish, Louisiana. It would have a capacity of
2,200 metric tons per day.
Mosaic is the world's largest producer of finished phosphate products,
with annual production capacity greater than the next two largest
producers combined. The company's plan is to backward integrate more
fully into ammonia production by expanding its present capacity at
Faustina. Ammonia is an essential ingredient in the manufacture of
phosphate-based crop nutrients.
The proposed design of the plant would feature Haldor Topsøe'
proprietary ammonia process technology that Technip has successfully
engineered and constructed in projects for more than 40 years. Technip
will also perform the preliminary design work for the plant offsites,
utilities, interconnections, and other supporting units for the facility.
Technip's operating center in Houston, Texas will execute the FEED
contract in collaboration with its engineering center in Rome, Italy.
The development of the FEED and corresponding EPC proposal began in
November 2012; both are targeted for completion by mid-2013.
David Dickson, Technip's Senior Vice President, North America Region,
stated: "Technip is delighted to have been awarded this contract
together with our long-term, tier-one partner Haldor Topsøe. The
proposed Mosaic ammonia facility would be one of the most modern and
efficient in operation in the Americas. This award confirms once again
the position of the team Haldor Topsøe/Technip as one of the recognized
leaders in Ammonia Technology, as well as EPC services, in the U.S. and
around the world."
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Technip is a world leader in project management, engineering and
construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most
complex Offshore and Onshore infrastructures, our 32,000 people are
constantly offering the best solutions and most innovative technologies
to meet the world's energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial assets
on all continents and operates a fleet of specialized vessels for
pipeline installation and subsea construction.
Technip shares are listed on the NYSE Euronext Paris exchange and the
USA over-the-counter (OTC) market as an American Depositary Receipt
(ADR: TKPPY).
About The Mosaic Company
The Mosaic Company (NYSE: MOS) is one of the world's leading producers
and marketers of concentrated phosphate and potash crop nutrients for
the global agriculture industry. With annual phosphate capacity greater
than the next two-largest producers combined, Mosaic is the world's
largest producer of finished phosphate products and operates a global
distribution network of plants, port facilities, warehouses, and sales
offices. The company employs approximately 8,000 people in eight
countries and participates in every aspect of crop nutrition
development. For more information, visit www.mosaicco.com.
Public Relations
Christophe Bélorgeot, +33 (0) 1 47 78 39 92
Floriane
Lassalle-Massip, +33 (0) 1 47 78 32 79
press@technip.com
or
Investor
and Analyst Relations
Kimberly Stewart, +33 (0) 1 47 78 66 74
kstewart@technip.com
or
Apollinaire
Vandier, +33 (0) 1 47 78 60 74
avandier@technip.com
or
Website
http://www.technip.com
© Business Wire 2013
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