Tanzania Petroleum Development Corporation has entered into a joint venture to build the first fertilizer plant in Tanzania with a consortium of Ferrostaal Industrial Projects GmbH, Haldor Topsoe A/S and Fauji Fertilizer Company Ltd. The fertilizer complex will be a high-capacity plant, demanding an investment of more than USD 1B. “For the economic development of Tanzania, especially for the agricultural sector, we expect a huge effect from the plant. It will increase the value creation in Tanzania significantly. Now, we are looking forward to taking the project to the next level,” says Dr. James Mataragio, Managing Director of the Tanzania Petroleum Development Corporation.
Topsoe will provide engineering design, licensing, proprietary hardware, catalysts and additional services and Bjerne Clausen, CEO of Topsoe says “The plant will enable Tanzania to monetize its huge gas reserves in the production of fertilizer as well as create jobs and boost agricultural productivity. We are very satisfied that Topsoe technology and services have been chosen for this extremely important project.” The new plant will produce 1.3M tons of fertilizer per year when it begins operation in 2020.