MONTREAL, Nov. 20, 2018 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) today announces that it has signed an agreement with
Perdaman Chemicals and Fertilisers Pty Ltd (Perdaman) for the
continued development of the two million ton per annum (Mtpa) Urea
fertiliser plant located in Western
Australia. Once the project is approved, its estimated
capital cost is $4.3 billion.
The contract forms an exclusive three-phase agreement between
SNC-Lavalin and Perdaman who will form an integrated project
management team of dedicated personnel to manage various aspects of
the overall project delivery. SNC-Lavalin has completed phase one,
which included signing of the Heads of Agreement. The company has
now begun phase two and will deliver an open book full-cost
estimate and design for the delivery of the urea fertiliser plant
and related facilities, including a water treatment plant, a power
plant, as well as urea storage, loading and unloading facilities.
Upon successful completion and approval of phase two, expected in
Q1 2019, phase three would begin on the delivery of Urea fertiliser
plant subject to final investment decision.
"We look forward to continuing this long-term relationship with
Perdaman and supporting them with their expansion plans in
Australia. To be a part of the
delivery of this plant demonstrates the confidence our clients have
in our ability to deliver large scale complex projects both in
Australia and globally, " said
Christian Brown, President, Oil
& Gas, SNC-Lavalin. "This is an exciting project that allows us
to leverage the experience we have gained over the last 40 years
working in Australia, as well as
our expanded engineering and delivery capabilities following the
acquisition of Atkins in 2017."
SNC-Lavalin will work with leading technology partners Haldor
Topsoe's using their new SynCOR™ technology for the ammonia plant,
and Stamicarbon utilizing their LAUNCH MELT™ Pool Condenser Design
for the urea production. Both technologies are low-emissions
technologies that will help Australia meet its 2030 emissions reduction
target for a more sustainable future.
"We are very happy to be partnering with SNC-Lavalin who are a
world class engineering and construction management company," said
Mr. Vikas Rambal, Chairman and
Managing Director of Perdaman. "With a strong culture of
collaboration and a proven track record delivering projects across
multiple sectors in Australia; oil
and gas, mining and metallurgy, clean power and infrastructure, we
are confident that their knowledge and client-focused solutions are
the best fit for this project."
Perdaman's planned two Mtpa Urea plant, called project Destiny,
will be located within the Burrup Strategic Industrial Area on the
Burrup Peninsula, approximately 10 km from Dampier and
20 km north-west of Karratha on the northwest coastline of
Western Australia. Perdaman will
invest a total of AUD$4 billion to develop the plant that will
utilize local natural gas for fertiliser production, using
innovative and low-emissions technologies. This project will put WA
on the World map as a manufacturing hub for finished products for
Asian market.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a global fully integrated
professional services and project management company and a major
player in the ownership of infrastructure. From offices around the
world, SNC-Lavalin's employees are proud to build what matters. Our
teams provide comprehensive end-to-end project solutions –
including capital investment, consulting, design, engineering,
construction, sustaining capital and operations and maintenance –
to clients across oil and gas, mining and metallurgy,
infrastructure, clean power, nuclear and EDPM (engineering design
and project management). On July 3,
2017, SNC-Lavalin acquired Atkins, one of the world's most
respected design, engineering and project management consultancies,
which has been integrated into our sectors.
www.snclavalin.com
SOURCE SNC-Lavalin