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Maire Tecnimont and Orascom Construction Sign MOU to Collaborate on Fertilizer Projects in Africa

3:37 AM MDT | March 28, 2011 | Natasha Alperowicz

Maire Tecnimont has signed a memorandum of understanding with Orascom Construction Industries (OCI; Cairo) to cooperate on project development in Sub-Saharan Africa. The two companies have agreed to explore potential project opportunities for new fertilizer plants in central and southern Africa, with the aim to present complete package proposals for licensing, engineering, procurement and construction, plant operation, equity participation, partnership and debt financing arrangements. The partners will establish a joint team that will assess development...

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