Saipem will adopt Honeywell Forge software to create a digital twin for its urea technology to support clients with virtual simulations to improve their production targets.
OCI and ADNOC intend to collectively offer 13.8% of Fertiglobe’s issued share capital in the offering.
The project will have an initial estimated investment of approximately US$2.4 billion during the first phase to develop a 2.5 million t fertilizer production unit, combining urea and NPK/NPS products.
Strike Energy will manufacture 1.4 million tpy of low carbon urea at the Narngulu Industrial Estate at Geraldton and will require up to 390 tpd of green hydrogen to complement the renewable hydrogen produced onsite.
The loan was used to finance Kima's ammonia and urea plant in Aswan, Egypt, which is currently operating at 80% of the ammonia line and 104% of the urea line.
The new granulation plant will be built based on the same design as the first granulation plant Stamicarbon provided for Acron, which was successfully commissioned in 2020.
The iUFC technology consists of Johnson Matthey's methanol and UFC (Urea Formaldehyde Concentrate) production processes integrated with KBR's proprietary ammonia process.
The US International Trade Commission ruled last week that there is a reasonable indication that imports of UAN from Russia and Trinidad and Tobago materially injure the US UAN industry.