US$ 1.8 billion fertilizer plant in Tanzania to be constructed

 Tanzania Petroleum Development Corporation will be constructing a mega fertiliser manufacturing plant at Kilamko, Lindi Region. Construction of the US$ 1.8 billion fertilizer plant in Tanzania is set to commence in December this year. The fertilizer plant is likely to see the price of the farm input lower as a result of competition.

Tanzania Petroleum Development Corporation will partner with three private companies. The companies will use natural gas as both feedstock for production and a source of energy
He named the companies involved in the business as the Denmark based Haldor Topsoe Company, Ferrostaal Industrial Project from German and Fauji Fertiliser Company based in Pakistan.
The corporation will hold a 20 per cent stake in the business while the foreign partners will own the rest.
Dr Wellington Hudson the Director of Downstream Operations at TPDC said  that the plant will have a daily production capacity of 3,850 tonnes. He added that TPDC was in the final stages of compensating affected residents.

Posted on : 23 Jul,2016

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