Perth-Perdaman Chemicals and Fertilisers reports that it has signed a binding Heads of Agreement for the EPC (engineering, procurement, and construction) work for its Collie urea project in Western Australia involving Samsung Engineering Co. Ltd. of Korea and P.T. Inti Karya Tehnik (IKPT) of Indonesia. Perdaman plans to invest A$3.5 billion to develop the facility to transform sub-bituminous coal into urea. The project, south of Perth, is located adjacent to the coal resources required for the production process. The plant is expected to produce 2 million mt/y, mainly for export. It is expected to take four years to complete the project.
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