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Maire Tecnimont signs MOU for fertilizer complex

7:01 AM MDT | August 1, 2014

Maire Tecnimont (Rome) announced on 21 July that it had 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 at Mount Vernon, IN. Subject to financial close, currently expected in September, Maire Tecnimont and its subsidiaries will execute the engineering, procurement, and construction work, valued at approximately $1.6 billion. The project will include a 2,200-m.t./day ammonia unit; a 2,200-m.t./day urea...

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