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Maire Tecnimont signs MOU to build large fertilizer complex in the US

1:54 AM MDT | July 21, 2014 | Natasha Alperowicz

Maire Tecnimont (Rome) today announced it has signed a memorandum of understanding (MOU) with the Fatima Group, a fertilizer player based in Pakistan; and Midwest Fertilizer Corp. covering the construction of a previously announced fertilizer complex in Indiana. The MOU will form the basis for negotiations toward constructing the greenfield fertilizer complex, at Mount Vernon.   Subject to financial close, currently expected in September, Maire Tecnimont and its subsidiaries will execute the engineering, procurement, and construction (EPC) work, valued...

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