Italian engineering and technology group Maire Tecnimont SpA and Cairo-based Orascom Construction SAE have been awarded a $300 million lump sum, turn-key Engineering, Procurement, and Construction (EPC) contract for a nitric acid and ammonium nitrate plant planned by Egyptian Chemical Industries Co. (KIMA), according to a June 9 announcement.
The plant, which is expected to be completed in the first half of 2026, will produce 600 mt/d of nitric acid that will be used to produce 800 mt/d of fertilizer-grade granular ammonium nitrate. The AN will be sold to local farmers, as well as exported to international markets. The new project is located at the same industrial complex as KIMA’s ammonia and urea plants in Egypt’s Aswan Governorship.
“We are really honored to keep on supporting a prominent player such as KIMA in the development of the Egypt’s fertilizer value chain,” said Maire CEO Alessandro Bernini. “With this award we further consolidate a long-lasting, fruitful relation and strengthen our industrial footprint in North Africa, thanks to our strong capability in executing EPC projects.”
The finalization of the contract is subject to successful execution of the financing package. The scope of work includes Tecnimont providing engineering and the supply of all materials and equipment, with construction activities carried out by Orascom Construction. Tecnimont said its portion of the EPC totals $220 million.