Perdaman Chemicals and Fertilisers (Perdaman) has signed a binding Heads of Agreement with SNC-Lavalin for the EPC (Engineering, Procurement and Construction) work for its Urea Project in Western Australia.
Perdaman will invest a total of AUD 4.0B to develop the plant that will utilise local natural gas supplied by Woodside for fertiliser production, using low emissions technologies. This project will put Western Australia (WA) on the world map as a manufacturing hub for finished products for the Asia Pacific market.
The Urea Project, which has been awarded Project of State Significance status by the WA State Government, will provide a major boost to the WA economy by generating on average 2,000 jobs during the three-year construction phase. On completion, the plant will provide 200 permanent jobs in Karratha. Perdaman and the WA State Government will work in collaboration to facilitate access to common infrastructure support such as port, land and service corridor for the successful completion of the project. With the capacity to produce two MT of urea per annum, primarily for export, the plant will generate more than AUD 850M per annum in export earnings for WA.
The expected date for the start of construction will be either end of 2019 or early 2020, pending environmental approvals.
