Joint Venture established for billion-dollar Fertilizer-Complex in Tanzania

Fertilizer Plant Project

Joint Venture established for billion-dollar Fertilizer-Complex in Tanzania

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. The complex is planned to be operational in 2020, producing 1.3 million tonnes of fertilizer per year.
(ed. WoMaMarcel - 02/11/2015)
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The new plant will produce 1.3 million t of fertilizer per year and will provide 5000 direct and indirect jobs.

Essen, Germany – “This agreement marks a major step forward to boost fertilizer production in Tanzania. The joint venture underscores our commitment to Tanzania to turn this important project into reality. Combining the competence of facilitating investments with the world`s leading technologies is our key to success”, states Dr. Klaus Lesker,  Managing Director of Ferrostaal Industrial Projects GmbH, on behalf of the consortium of Ferrostaal with the Danish company Haldor Topsoe A/S and the Pakistani industrial enterprise Fauji Fertilizer Company Ltd.

Egon Kochanke, the German ambassador to Tanzania underlined: „The investment will be a milestone in the economic development of Tanzania. It will both strengthen Tanzania’s industrial base and its status as a new and attractive investment destination for Germany’s business champions.“

“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.”

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