Technip Awarded FEED Contract by The Mosaic Company for Proposed New Ammonia
Plant in Louisiana
PARIS -- January 3, 2013
Technip (Paris:TEC) was awarded by The Mosaic Company (NYSE: MOS) the
front-end engineering and design (FEED) contract, as well as preparation of
the corresponding engineering, procurement and construction (EPC) proposal,
for a new ammonia plant under consideration by the global crop nutrient
company. Mosaic’s preference is to locate the proposed plant adjacent to the
company’s existing Faustina fertilizer manufacturing operations in St. James
Parish, Louisiana. It would have a capacity of 2,200 metric tons per day.
Mosaic is the world’s largest producer of finished phosphate products, with
annual production capacity greater than the next two largest producers
combined. The company’s plan is to backward integrate more fully into ammonia
production by expanding its present capacity at Faustina. Ammonia is an
essential ingredient in the manufacture of phosphate-based crop nutrients.
The proposed design of the plant would feature Haldor Topsøe’ proprietary
ammonia process technology that Technip has successfully engineered and
constructed in projects for more than 40 years. Technip will also perform the
preliminary design work for the plant offsites, utilities, interconnections,
and other supporting units for the facility.
Technip’s operating center in Houston, Texas will execute the FEED contract in
collaboration with its engineering center in Rome, Italy. The development of
the FEED and corresponding EPC proposal began in November 2012; both are
targeted for completion by mid-2013.
David Dickson, Technip’s Senior Vice President, North America Region, stated:
“Technip is delighted to have been awarded this contract together with our
long-term, tier-one partner Haldor Topsøe. The proposed Mosaic ammonia
facility would be one of the most modern and efficient in operation in the
Americas. This award confirms once again the position of the team Haldor
Topsøe/Technip as one of the recognized leaders in Ammonia Technology, as well
as EPC services, in the U.S. and around the world.”
Technip is a world leader in project management, engineering and construction
for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most complex
Offshore and Onshore infrastructures, our 32,000 people are constantly
offering the best solutions and most innovative technologies to meet the
world’s energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial assets on all
continents and operates a fleet of specialized vessels for pipeline
installation and subsea construction.
Technip shares are listed on the NYSE Euronext Paris exchange and the USA
over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).
About The Mosaic Company
The Mosaic Company (NYSE: MOS) is one of the world's leading producers and
marketers of concentrated phosphate and potash crop nutrients for the global
agriculture industry. With annual phosphate capacity greater than the next
two-largest producers combined, Mosaic is the world’s largest producer of
finished phosphate products and operates a global distribution network of
plants, port facilities, warehouses, and sales offices. The company employs
approximately 8,000 people in eight countries and participates in every aspect
of crop nutrition development. For more information, visit www.mosaicco.com.
Christophe Bélorgeot, +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip, +33 (0) 1 47 78 32 79
Investor and Analyst Relations
Kimberly Stewart, +33 (0) 1 47 7866 74
Apollinaire Vandier, +33 (0) 1 47 7860 74
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