Daewoo Engineering & Construction Completes Fertilizer Plant in Nigeria... "Expanding Local Operations"

Following Indorama Plants Units 1 and 2, Unit 3 Completed
Project Finished on Time Ahead of Original Schedule

Daewoo Engineering & Construction announced on June 12 that it has completed the Indorama Fertilizer Plant Unit 3 in Nigeria.

This plant project was commissioned by IF FZE, the Nigerian subsidiary of the global petrochemical group Indorama. Located near Port Harcourt, Rivers State, Nigeria, the project involved building an ammonia production facility with a daily capacity of 2,300 tons and a urea and urea fertilizer production facility with a daily capacity of 4,000 tons. The contract amount was USD 265 million, and the construction period was scheduled for 32 months, from October 2023 to last month.

The plant produces ammonia using natural gas as a raw material, then reacts it with carbon dioxide to produce urea. It is also equipped with granulation facilities to process the urea into commercial fertilizer. Nigeria possesses the largest reserves of natural gas in Africa and is fostering its fertilizer industry by utilizing these resources. As agriculture is a major industry in Nigeria, the demand for fertilizer continues to grow steadily.

A view of the Indorama Fertilizer Plant Unit 3 site constructed by Daewoo Engineering & Construction. Provided by Daewoo Engineering & Construction

Daewoo Engineering & Construction completed the project ahead of the original schedule. Natural gas was introduced on May 5, which was 14 days earlier than planned, the start of ammonia production was completed 16 days ahead of schedule, and urea production began 19 days earlier than anticipated. The plant achieved 100% operation of the ammonia and urea facilities 13 days ahead of schedule.

The company attributed this achievement to its extensive experience in plant projects and strong local operational capabilities. Previously, it had built Indorama Fertilizer Plants Units 1 and 2, natural gas pretreatment facilities, and urea fertilizer production facilities. Daewoo Engineering & Construction plans to actively participate in follow-up projects, having gained trust from the client and the local community.

Since entering Nigeria in 1983, the company has carried out 75 projects in the country, totaling USD 10.8 billion, mainly involving key industries and basic infrastructure. Across Africa as a whole, starting with Sudan in 1977, it has completed about 290 projects in 11 countries, including Libya and Liberia.

This content was produced with the assistance of AI translation services.