The Diplomat
Técnicas Reunidas has been awarded an engineering contract for the development of the largest ammonia production plant in Kazakhstan, the Spanish company informed the Spanish Securities and Exchange Commission (CNMV).
Specifically, it will engineer an ammonia, urea, nitric acid and ammonium nitrate production complex owned by Kazazot, the leading company in Kazakhstan’s fertiliser sector.
With a total planned investment of around 1 billion dollars, the plant will be located in the town of Aktau, capital of the Mangystau province, in the southwest of the country.
Técnicas Reunidas will initially carry out the engineering for the facility under a FEED OBE (front-end egnineering design/open book estimation) contract, the execution of which will require around 200,000 hours of work.
These activities will be carried out by the company at its headquarters in Madrid and are expected to be completed this year.
Once this work has been completed and the corresponding financing has been obtained, Técnicas Reunidas will carry out the complete execution of the project and will carry out the engineering, purchase of equipment and materials and construction of the plant through an EPC contract.
