Fertilizer co-operative giant Indian Farmers Fertilizer Co-operative Limited (IFFCO) has a plan to set up a gas-based ammonia-urea complex in Eastern Canada.
The project would be promoted as joint venture by IFFCO’s Dubai-based global trading and investment subsidiary Kisan International Trading (KIT) and its Canadian partner whose identity has not yet been disclosed.
The project would comprise two ammonia plants each with a capacity of 2200 tonnes per day (tpd) and two urea plants each with a capacity of 3000 to 4000 tpd. It would also comprise a jetty to handle ammonia and urea.
The whole complex will be constructed under three separate lumpsum turnkey (LSTK) contracts. One LSTK contract will be for ammonia plants, one for urea plants and the third one for jetty. Auxiliary facilities at the project site will be grouped with Ammonia and Urea plants.
IFFCO has also established joint ventures in Senegal, Oman, Australia, Peru, Jordan & Argentina apart from this Canada project for sourcing the inputs and finished products as demand of fertilizers have to increase in coming years.
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