FINANCIAL NEWS

Takamul to lead 1,000MTPD Ammonia plant in Oman

20 May 2014

(MENAFN) Takamul Investment Company is leading the development of a 1,000 metric tonnes per day (MTPD) capacity ammonia venture in the Sultanate of Oman, QNA reported.

The plant will be built next to the existing methanol scheme of Salalah Methanol Company, in which Takamul has 10 percent ownership.

Takamul has invited international engineering firms to pre-qualify for the contract to undertake the Engineering, Procurement, Construction, and Commissioning (EPCC) of its ammonia project.

Project leaders have marked a 6-7 hectare site adjacent to Salalah Methanol Company for the construction of the ammonia plant within the Salalah Free Zone.

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