Turkish group ‘Tekfen’ will construct in Morocco a pipeline to transport phosphate   Leave a comment

26/01/2011

Istanbul – Turkish group “Tekfen” won the contract for the construction of a pipeline to transport phosphate and two plants to produce Diammonium for Moroccan phosphate group “Office Chérifien des phosphates” (OCP), worth $ 630 million.

The Turkish group said it had signed last week in Casablanca the agreements on the future pipeline (240 km for 460 million dollars) and two plants, which have a capacity of 850,000 tons each and whose construction will require 170 million dollars.

The pipeline will be completed in April 2013 while the two plants will be ready in June 2012, ‘Tekfen Holding’ CEO Erhan Oner was quoted by Turkish daily “Hurriyet Daily News” as saying.

The Turkish Holding was competing with five other international companies, notably French and Indian ones, for these two projects, which are part of a large-scale investment program of the OCP, worth 7 billion dollars over 7 years.

According to the OCP, the future pipeline, which will have a capacity of 44 MT/year, is likely to lower transportation costs from mine to port, and significantly reduce energy consumption and environmental impacts resulting from this transport.

Source: map.ma

 

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Posted January 26, 2011 by newworldconsulting in Uncategorized

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