- First fertilizer plant in Tanzania expected to have huge effect on agriculture and economic development
Tanzania Petroleum Development Corporation has entered into a joint venture to realize the first fertilizer plant in Tanzania with a consortium of Ferrostaal Industrial Projects GmbH, Haldor Topsoe A/S and Fauji Fertilizer Company Ltd. The fertilizer complex will be a high-capacity plant, demanding an investment of more than one billion US dollar.
“For the economic development of Tanzania, especially for the agricultural sector, we expect a huge effect from the plant. It will increase the value creation in Tanzania significantly. Now, we are looking forward to taking the project to the next level,” says Dr. James Mataragio, Managing Director of the Tanzania Petroleum Development Corporation.
Topsoe will deliver engineering design, licensing, proprietary hardware, catalysts and additional services and Bjerne Clausen, CEO of Topsoe, is proud to be part of the joint venture: “The plant will enable Tanzania to monetize its huge gas reserves in the production of fertilizer as well as create jobs and boost agricultural productivity. We are very satisfied that Topsoe technology and services have been chosen for this extremely important project.”
Ferrostaal Industrial Projects GmbH is an international project developer and EPC (Engineering Procurement Construction) service provider. Managing Director Dr. Klaus Lesker states: “This agreement marks a major step forward to boost fertilizer production in Tanzania. Combining the competence of facilitating investments with the world’s leading technologies is our key to success.”
The new plant will produce 1.3 million tons of fertilizer per year when it begins operation in 2020. Located in the southern region of Tanzania it will provide 5,000 direct and indirect jobs.
Svend Ravn, Media Relations Manager, Haldor Topsoe A/S
Phone: +45 22 75 43 58
About Haldor Topsoe A/S
Haldor Topsoe is a world leader in catalysis and surface science. The company is committed to helping its customers achieve optimal performance. This means enabling customers to get the most out of their processes and products, using the least possible energy and resources in the most responsible way. Haldor Topsoe is a global organization with production plants, regional offices and engineering activities all over the world. The company employs some 2,800 employees and achieved revenue of DKK 5,685 million (approximately USD 1b) in 2014. www.topsoe.com
About Ferrostaal Industrial Projects GmbH
Ferrostaal Industrial Projects is an international project developer and EPC service provider for the realisation of industrial plants. The company additionally undertakes the planning, delivery, installation and maintenance of lighting solutions for sport and logistics. Ferrostaal Industrial Projects is a member of the Ferrostaal Group, a global industrial services provider. Some 2,700 employees combine decades of industrial expertise with financing competence on behalf of the customers. Ferrostaal has own companies in around 40 countries. For further information: www.ferrostaal-ip.com
About Fauji Fertilizer Company Ltd
Fauji Fertilizer Company Limited (FFC) is a public limited company of Pakistan listed on all three stock exchanges of the country. The company is headquartered in Rawalpindi with a Marketing Office at Lahore and manufacturing plants at Goth Machhi and Mirpur Mathelo. FFC is internationally reputed in activities of operation, maintenance, manufacturing and marketing of fertilizers for over three decades. FFC markets its own urea product as well as Urea & DAP of its subsidiary company Fauji Fertilizer Bin Qasim Ltd. In addition to marketing of local brands, FFC also markets imported DAP, imported SOP and imported Boron. In total FFC manufactures around 2.5 million tons and moves more than 3 million tons of fertilizer in Pakistan. FFC holds shares in fertilizer, cement, energy, financial sector and food sector companies. FFC is a member of Fauji Foundation (also known as Fauji Group) which is amongst the largest business conglomerate in Pakistan. Fauji Foundation is basically a Charitable Trust founded in 1954 under the Charitable Endowments Act 1890. The commercial activities of the foundation are spread over several areas including but not limited to Fertilizers, Oil & Gas, Power Generation through conventional and alternative sources, financial sectors, cement, security companies and employment services. For further information please visit http://www.ffc.com.pk/ and http://www.fauji.org.pk/
About Tanzania Petroleum Development Corporation
The Tanzania Petroleum Development Corporation (TPDC) Is a Tanzanian state owned corporation through which the Ministry of Energy and Minerals implements its petroleum exploration and development policies. TPDC has a manpower strength of about 400 and is organized into four directorates, namely: Upstream Operations, Downstream Operations, Finance, Corporate Management, Corporate and Legal Services, Corporate Strategy and Planning and Internal Audit. The Tanzania Petroleum Development Corporation was established under the Public Corporations Act No.17 through the Government Notice No.140 of 30th May 1969. The Corporation began operations in 1973. TPDC is a wholly owned Government parastatal, with all the shares held by the Treasury Registrar.